United Community Banks Acquires Three Shores Bancorporation and Seaside National Bank & Trust

ChoiceOne Financial Services Acquires Community Shores Bank Corporation

January 6, 2020

Financial Services

ChoiceOne Financial Services, Inc. agreed to acquire Community Shores Bank Corporation in a stock-and-cash merger to create an approximately $1.5 billion asset bank holding company with 33 offices across West and Southeastern Michigan. The transaction expands ChoiceOne's footprint into Muskegon and Ottawa counties and is expected to close in 2020 pending shareholder and regulatory approvals.

United Bankshares Acquires Community Bankers Trust Corporation (Essex Bank)

December 3, 2021

Financial Services

United Bankshares, Inc. completed its acquisition of Community Bankers Trust Corporation, the parent company of Essex Bank, adding an organization with approximately $1.7 billion in assets and headquarters in the greater Richmond, Virginia region. The deal expands United’s Mid‑Atlantic footprint into additional Virginia and Maryland markets; former Community Bankers Trust President and CEO Rex L. Smith III was retained as a Regional President for the former Essex Bank locations.

Seacoast Banking Corporation of Florida Acquires Villages Bancorporation, Inc.

May 29, 2025

Financial Services

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, signed a definitive agreement to acquire Villages Bancorporation, Inc., the parent company of Citizens First Bank, based in The Villages, Florida. The deal is expected to close in the fourth quarter of 2025 after regulatory approvals and VBI shareholder approval; later, Seacoast reported that required U.S. federal and OCC regulatory approvals had been received and closing was expected around October 1, 2025, subject to customary conditions.

Seacoast Banking Corporation of Florida Acquires Heartland Bancshares, Inc.

February 27, 2025

Financial Services

Seacoast Banking Corporation of Florida (Seacoast) signed a definitive agreement to acquire Heartland Bancshares, Inc., the parent company of Heartland National Bank, to expand Seacoast’s presence in Central Florida. The transaction received regulatory approvals and was completed effective July 11, 2025, with Heartland shareholders receiving a cash-and-stock consideration valued at approximately $111.2 million.

Seacoast Banking Corporation of Florida Acquires Legacy Bank of Florida

March 23, 2021

Financial Services

Seacoast Banking Corporation of Florida (Seacoast) signed a definitive agreement to acquire Legacy Bank of Florida, merging Legacy into Seacoast Bank to expand Seacoast’s presence in Broward and Palm Beach counties. Legacy Bank operates five branches with approximately $432 million in deposits and $482 million in loans as of December 31, 2020; Legacy shareholders will receive Seacoast stock in the transaction.

SUN Behavioral Health Acquires Seaside Healthcare's Community Agencies

May 1, 2025

Healthcare Services

SUN Behavioral Health has acquired the home- and community-based services division of Seaside Healthcare, expanding SUN’s continuum of care and community presence across six Southeastern states. The transaction, which closed May 1, 2025, transfers administrative oversight of the community agencies to SUN while Seaside retains its acute inpatient facilities.