First Community Corporation Acquires Signature Bank of Georgia

Cadence Bank Acquires FCB Financial Corp (First Chatham Bank)

May 1, 2025

Financial Services

Cadence Bank signed a definitive merger agreement to acquire FCB Financial Corp., the bank holding company for First Chatham Bank, a community bank based in Savannah, Georgia. The merger was later completed on May 1, 2025, expanding Cadence’s presence in the Savannah and coastal Georgia markets.

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.

FirstBanc of Alabama to Acquire First Fidelity Bank

December 10, 2025

Financial Services

Talladega-based FirstBanc of Alabama, Inc. (parent of First Bank of Alabama) has signed a definitive agreement to merge with and into Fort Payne-based FBDC Financial Corporation (parent of First Fidelity Bank). Under the deal, FirstBanc will pay $20.5 million in aggregate ($52.56 per FBDC share), and First Fidelity Bank will be merged into First Bank of Alabama. The transaction is expected to close no later than Q2 2026, subject to shareholder and regulatory approvals.

BankFirst Capital Corporation Acquires The Magnolia State Corporation and Magnolia State Bank

July 1, 2025

Financial Services

BankFirst Capital Corporation signed and later completed its acquisition of The Magnolia State Corporation and its wholly owned subsidiary, Magnolia State Bank. The deal expands BankFirst’s presence across Mississippi and Alabama, bringing the combined company to 52 offices and approximately $3.2 billion in total assets.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.

Bank First Corporation Acquires Denmark Bancshares, Inc.

January 19, 2022

Financial Services

Bank First Corporation (Nasdaq: BFC) signed a definitive Agreement and Plan of Merger to acquire 100% of the common stock of Denmark Bancshares, Inc., parent of Denmark State Bank, in a combined stock-and-cash transaction valued at approximately $119 million. The deal (targeted to close early Q3 2022) expands Bank First's franchise in Northeast Wisconsin, increases deposit market share and adds Denmark's agricultural banking expertise to the combined organization.