Grant Bancshares in Natchitoches, La., has acquired Bank of Ringgold in Louisiana.
The $280 million-asset Grant Bancshares said in a press release Monday that it also rebranded its Bank of Montgomery as BOM. The company did not disclose how much it paid for the $64 million-asset Bank of Ringgold.
Dan Blacksher, Bank of Ringgold's president, was named a market president for BOM. Grant Bancshares also said it expects to retain Bank of Ringgold's staff.
Fenimore, Kay, Harrison & Ford and Jeff Fair at American Planning advised BOM. Raymond James and Phelps Dunbar advised Bank of Ringgold.