WINSTON-SALEM, N.C. - Wachovia Corp. said its Georgia bank will acquire First National Bankshares of Henry County, a $33.1 million asset bank based in Stockbridge, Ga., for an undisclosed sum.

First National Bankshares has $27.3 million in deposits. Wachovia Bank of Georgia has 127 offices in 48 cities.

The acquisition is subject to shareholder and regulatory approvals.

Wachovia Corp., based in Winston-Salem, N.C., has assets of $42.9 billion and deposits of $23.9 billion.

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