South Alabama Bancorp. announced it would buy Commercial National Bank of Demopolis, Ala., for $18.2 million in stock. The deal calls for Commercial National to become a separate subsidiary of Mobile-based South Alabama. Commercial National has two branches and $73 million of assets.

"Commercial National Bank is an extremely important addition to our company," said W. Bibb Lamar Jr., president and chief executive officer of South Alabama.

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