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Announced

Dogwood State Bank to merge with Community First Bank in a $70m deal.

Synopsis

Dogwood State Bank, a North Carolina state-chartered community bank, agreed to merge with Community First Bank, a multi-state bank, in a $70m deal. "The partnership with Community First Bancorporation unlocks long-term growth potential for shareholders and access to significant scale in the Upstate of South Carolina. With this transaction, we will have a meaningful presence in the largest major growth markets in the Carolinas," Steve Jones, Dogwood State Bank President and CEO.

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