In Brief: Georgia's 1st National Acquires FF Bancorp.

GAINESVILLE, Ga. - First National Bancorp. and FF Bancorp. completed their merger Monday.

Under terms of the deal, FF Bancorp. shareholders got 0.825 of a First National common share for reach share they own.

First National said the banks it acquired in the merger have $608 million of assets. First National now is the parent of 18 commercial banks and two thrift savings banks with total assets of $3 billion.