Mississippi

The Mississippi company will pay $49 million for Traders & Farmers Bancshares.

The Mississippi company will also top $4 billion in assets when it buys Southwest Georgia Financial.

The Mississippi company will pay more than $38 million for Texas First Bancshares.

The company will gain 34 branches and $1.2 billion in assets when it buys State Capital in Mississippi.

Geographic scale and low-cost funding are the foundation of a good deal, seasoned bank acquirers said in a panel discussion.

The Mississippi company has agreed to buy First Florida Bancorp in Destin, Fla., as part of its plan to build a community bank stretching across the Gulf region.

Diverse economies and a limited number of sellers are making markets like Tampa, Fla., a hot spot for growth-minded banks.

The company agreed to buy Charter Bank, which has four branches and $161 million in assets.

Members of Credit Union South, which has lost money during the past five years, voted to approve the merger.

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.