First Paragould, a bank holding company, agreed to acquire Cumberland Bancshares, a bank holding company owning or controlling one or more banks, and Citizens Bank, a firm offering retail and commercial banking products and services. Financial terms were not disclosed. "First National is a high-performing, growing, and successful community banking organization whose culture is very similar to our own. Our customers can feel confident that this merger only strengthens our ability to serve them in the manner they have come to expect from Citizens Bank," Todd Austin, Citizens Bank President and CEO.