First Commercial Corp. has agreed to purchase City
The deal price equals about 2.1 times book value.
City National Bank, a $40 million-asset bank, serves the Tyler and
First Commercial said it would issue 174,492 shares of stock for all
The transaction is subject to regulatory approval, and is expected to
First Commercial said it plans to fold City National into its Tyler,
First Commercial Corp., based in Little Rock, has $5.4 billion in