BLUE RIDGE, Ga. -- Century South Banks Inc. has acquired the deposits and certain assets of two branches from NationsBank of Georgia.

The price of the transaction was not disclosed.

The branches have reopened as Fannin County Bank with about $63 million in assets.

Century South had $441 million in assets as of March 31, and earned $1.2 million for the quarter, compared with $806,000 the prior year.

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.