MOULTRIE, Ga. — ABC Bancorp, a multibank holding company, has announced it will expand into Florida by acquiring Tri-County Bank in Trenton for $7.2 million.

Tri-County, which has $46 million of assets, would retain its name, management, and employees, said Jack Hunnicutt, ABC’s president and chief executive officer. ABC, with $822 million of assets, operates nine community banks in Georgia and Alabama.

Mr. Hunnicutt added that ABC had been seeking to enter Florida for several years, and decided on Tri-County, 75 miles from the Georgia border, because it gives the company “a good foothold in Florida” in an area with ample room for expansion.

The deal is expected to close by January.

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