Simmons First National Bank to acquire Landmark Community Bank for $146m.

Simmons First National Bank, a bank with operations in Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee, and Texas, agreed to acquire Landmark Community Bank, a locally owned and operated community Bank, for $146m. “The opportunity to combine forces with these two institutions also highly complements our existing footprint in Tennessee and enhances our scale in two of our key growth markets – Memphis and Nashville. In addition to cultural and geographic synergies, the financial metrics of these mergers are compelling and consistent with our M&A strategy of partnering with high-quality banks within our current footprint that represent an efficient use of our capital and delivers on our commitment of building long-term value for our shareholders. We’re very excited to welcome our newest partners to the Simmons organization," George A. Makris, Jr., Simmons First National Bank Chairman and CEO