BankFirst Capital Corporation, parent of BankFirst Financial Services, announces the completion of its acquisition of FNB Bancshares of Central Alabama, Inc., parent of FNB of Central Alabama.
The acquisition will result in BankFirst having 22 offices serving Mississippi and Alabama, with total assets of approximately $1.3 billion, gross loans of approximately $937 million and total deposits of approximately $1.2 billion.
R. Heyward Gould, Jr., FNB’s President and Chief Executive Officer, has joined the Bank as Alabama Regional President, Virginia Lee, FNB’s Chief Financial Officer, has joined the Bank as Corporate Accountant, and Jennifer James, FNB’s Senior Credit Officer, has joined the Bank as Vice President, Credit Administration.
Hunton Andrews Kurth LLP acted as legal counsel for BankFirst. Jones Walker LLP acted as legal counsel for FNB Bancshares.
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