Mergers & Acquisitions

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Deal Overview

Buyer:
Jefferson Bancshares, Inc.
Actual Acquirer:
Relyance Bank, National Association
Target:
Certain assets and liabilities
Deal Type:
Bank & Thrift Branch
Seller:
Simmons First National Corporation
Agreement Date:
12/12/2017
Announcement Date:
12/13/2017
Number of Target Branches
5
Branch Locations
Bryant,AR
Fordyce,AR
Little Rock (2),AR
Sheridan,AR
Franchise Premium ($ 000)
NA
Tangible Book Premium/ Deposits (%)
NA
Status:
Completed
Completion Date:
3/9/2018

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 143,000
Total Assets ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Sheshunoff & Co.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller NA NA