An Atlanta community bank announced a deal last week that would give it a larger presence in a fast-growing south Atlanta county. Premier Bancshares said it would buy Bank Holding Co., Griffin, for about $32 million in stock. Premier is the holding company of four bank subsidiaries with 29 branches.
Michael E. Ricketson, executive vice president and chief financial officer of Premier, said it was attracted to Bank Holding Co. because of its three locations in Henry County. "Henry is one of the fastest-growing counties in the nation," he observed. Premier has only a mortgage lending operation there.