CB&S Bank-PrimeSouth Bank Complete Merger

On July 31, 2019 CBS-Banc Corp. of Russellville, AL and PrimeSouth Bancshares, Inc. of Pike Road, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.9 billion institution operating in three of Alabama’s four largest markets.

The deal consideration was 100% cash. Other financial terms were not disclosed.

Porter White Capital, LLC served as exclusive financial advisor to PrimeSouth Bancshares, Inc. and its subsidiary, PrimeSouth Bank.

Porter White has advised on 9 Alabama community bank mergers since 2016.

DETAILS ON THE TRANSACTION MAY BE FOUND BY CLICKING HERE.

CB&S Bank-PrimeSouth Bank Complete Merger

For more information on how we can assist your bank with its merger and acquisition needs, please email Michael Rediker or call him at (205) 458-9135.

Securities offered through Porter White Capital, LLC, member of FINRA/SIPC and a wholly owned subsidiary of Porter White Companies, Inc.