Commercial Bancgroup, a $205 million-asset holding company in Harrogate, Tenn., has signed a definitive agreement to buy Cumberland Mountain Bancshares of Middlesboro, Ky.

Commercial would pay $9.25 million in cash — about $14 a share — for Cumberland Mountain, the corporate parent of the $126 million-asset Middlesboro Federal Bank. The deal, announced Friday, is expected to close this summer.

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