Florida's Republic Bancshares has a deal to sell its Brunswick, Ga., branch to a local bank.

The St. Petersburg-based company will sell the branch to Sapelo National Bank in Darien for an undisclosed price. Sapelo, which has $16 million of assets and one branch, will buy $15.2 million of deposits and $6 million of loans tied to the branch.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.