Acquiring Company
First Bank
Acquired Company
Southern States Bancshares
Fort SmithAnnistonFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
First Bank has announced a strategic merger with Southern States Bancshares, Inc. This acquisition is expected to expand First Bank's presence in high-growth markets while diversifying its loan portfolio. The merger reflects First Bank's proactive strategy to enhance shareholder value amidst economic challenges.
Quick answer
First Bank is acquiring Southern States Bancshares, announced July 26, 2025. First Bank is based in Fort Smith, Arkansas, United States.
- How much did First Bank pay for Southern States Bancshares?
- The deal value was not disclosed.
- What does First Bank do?
- First Bank Corp. is a bank holding company that includes First National Bank of Fort Smith and several other banks.
- Where are First Bank and Southern States Bancshares based?
- First Bank is based in Fort Smith, Arkansas, United States. Southern States Bancshares is based in Anniston, Alabama, United States.
- Who are the decision-makers at First Bank?
- Fundz holds 2 contacts at First Bank. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Mechanics Bank merges with HomeStreet, Inc. (September 2, 2025)
- Mechanics Bank acquires HomeStreet Bank branch (August 19, 2025)
- Pacific Premier acquires Columbia Banking (August 6, 2025)
- Republic Financial acquires 87% of Cayman National (August 1, 2025)
- Northwest Bancshares acquires Penns Woods Bancorp (July 28, 2025)
- Skyline Bankshares acquires Johnson County Bank (July 28, 2025)
Who to call at First Bank, and when
When First Bank changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day First Bank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at First Bank, from your own LinkedIn network
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Frequently asked
Who acquired Southern States Bancshares?
Southern States Bancshares was acquired by First Bank, based in Fort Smith. The deal was reported on July 26, 2025. First Bank Corp. is a bank holding company that includes First National Bank of Fort Smith and several other banks. First Bank is privately held and operates in Financial Services.
When did First Bank acquire Southern States Bancshares?
First Bank's acquisition of Southern States Bancshares was reported on July 26, 2025. First Bank has announced a strategic merger with Southern States Bancshares, Inc. This acquisition is expected to expand First Bank's presence in high-growth markets while diversifying its loan portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Southern States Bancshares do?
Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. It is privately held, operating in Financial Services, and is based in Anniston.
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