Regions Financial Corp. signed definitive agreements to buy LCB Corp. of Fayetteville, Tenn., and North Alabama Bank of Hazel Green, Ala., for $60 million.

In a press release, Regions said it will convert each LCB Corp. common share into 15.789 Regions Financial common shares. The company will convert each North Alabama Bank common share into 3.947 Regions Financial common shares.

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