Mergers & Acquisitions

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Deal Overview

Buyer:
Southern Bancorp, Inc.
Actual Acquirer:
Southern Bancorp Bank
Target:
1 Branch
Deal Type:
Bank & Thrift Branch
Seller:
Simmons First National Corporation
Agreement Date:
6/13/2014
Announcement Date:
6/18/2014
Number of Target Branches
1
Branch Locations
Eudora,AR
Franchise Premium ($ 000)
0
Tangible Book Premium/ Deposits (%)
0.00
Status:
Completed
Completion Date:
10/3/2014

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 10,307
Total Assets ($ 000) 10,307
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Friday Eldredge & Clark
Seller Yes Quattlebaum Grooms Tull