Regions Financial Corp. announced Friday that it has agreed to buy Bullsboro BancShares Inc. of Newnan, Ga., for $35.6 million.

The merger, scheduled to close in the fourth quarter, is the eighth pending acquisition for Regions, and its fourth in Georgia. After all its deals are completed, Regions would have $35 billion of assets.

Bullsboro BancShares is parent of Bank of Newnan, a two-branch company with $108 million of assets.

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