Announced

FB Financial to merge with Southern States Bancshares in a $381m deal.

Synopsis

FB Financial, a bank holding company, agreed to merge with Southern States Bancshares, a full-service community banking institution, in a $381m deal. “We are thrilled about our proposed combination with Southern States. Southern States is an established community bank with a leading presence in the markets they serve. We are well-aligned culturally and look forward to continuing Southern States’ legacy of dedication and service to their customers,” Christopher T. Holmes FB Financial President and CEO.

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