Merger of BankFirst Capital Corporation and Traders & Farmers Bancshares Completed

On July 1, 2020 BankFirst Capital Corporation of Macon, MS and Traders & Farmers Bancshares, Inc. of Haleyville, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.8 billion institution operating across Alabama and Mississippi.

The deal consideration is a mix of cash and common stock from BankFirst.

Porter White Capital, LLC served as financial advisor to Traders & Farmers Bancshares, Inc. and its subsidiary, Traders & Farmers Bank.

Porter White has advised on 10 Alabama community bank mergers since 2016.

DETAILS ON THE TRANSACTION MAY BE FOUND BY CLICKING HERE.

For more information on how we can assist your bank with its merger and acquisition needs, please email Mike Murphey or call him at (205) 252-3681.

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