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Ameris Bancorp in Moultrie, Ga., has has agreed to buy Merchants and Southern Banks of Florida in Gainesville, along with a number of Bank of America branches.
January 29 -
United Community Banks in Blairsville, Ga., has agreed to buy Palmetto Bancshares in Greenville, S.C.
April 22 -
Fulton Financial in Lancaster, Pa., reported lower first-quarter profit on a decline in net interest income and higher expenses.
April 21 -
Rabobank in Roseville, Calif., has agreed to sell a branch in California to Plumas Bancorp in Quincy, Calif.
April 21
South State Corp. in Columbia, S.C., has agreed to buy 13 Bank of America branches in South Carolina and Georgia.
The $8 billion-asset South State said in a press release Wednesday that the branch deal would provide it with entry into six new markets and expand its operations in three other markets. South State will also gain $580 million in deposits and roughly $3 million in loans.
South State said it would retain the branches' employees. The deal is expected to close in the third quarter.
Bank of America, meanwhile, has been selling dozens of branches in recently, mostly in rural markets.
