In Brief: Premier of Ga. Makes 3d Deal in 2 Months

Premier Bancshares in Atlanta said it has a deal to buy a one-branch bank east of the city for $18.1 million in stock.

The acquisition announcement was Premier's third in two months.

The new deal is for $80 million-asset Bank Atlanta in Decatur, Ga. Premier has $1.5 billion of assets and five banks in north Georgia.

Bank Atlanta will provide "an excellent foothold in the fast-growing Decatur market area," said Darrell D. Pittard, chairman and chief executive officer of Premier.

In April, Premier announced deals to buy North Fulton Bancshares in Roswell, Ga., and Farmers and Merchants Bank in Summerville, Ga.

All three deals are expected to close by the end of the year.

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