National Commerce Bancorp. of Memphis said it would buy Mount Juliet, Tenn.-based First Financial Corp. for an undisclosed amount of stock.

First Financial, with $260 million of assets, is the parent of First Bank and Trust, which has seven branches in central Tennessee. The deal calls for the branches to become offices of $6 billion-asset National Commerce's NBC Bank affiliate.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.