FB Financial and Southern States get regulatory approval for merger

From Yahoo Finance: 2025-06-13 11:44:00

FB Financial and Southern States Bancshares have received regulatory approval for their $381m merger, set to be finalised on 1 July 2025. Southern States has assets of $2.9bn, loans of $2.3bn, and deposits of $2.4bn, while FB Financial has assets of $13.1bn, loans of $9.9bn, and deposits of $11.2bn. The merger aims to deliver long-term value for customers, associates, shareholders, and communities. Both institutions are committed to community banking.



Read more at Yahoo Finance: FB Financial and Southern States get regulatory approval for merger