Announced

First Community Corporation to acquire Signature Bank of Georgia for $41.6m.

Synopsis

First Community Corporation, a holding company of First Community Bank, offered to acquire Signature Bank of Georgia, a locally owned and operated community bank headquartered in Sandy Springs, Georgia, for $41.6m. "This partnership marks an exciting step forward as we expand into our next growth market, the dynamic and fast-growing Sandy Springs/Atlanta area. During our initial conversations, there was immediate mutual recognition of cultural alignment. We are proud to welcome Signature's experienced team and look forward to building on their strong foundation together," Michael C. Crapp, First Community Corporation President and CEO.

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MergerLinks - First Community Corporation to acquire Signature Bank of Georgia for $41.6m.