On October 31, 2019 River Financial Corporation of Prattville, AL and Trinity Bancorp, Inc. of Dothan, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.30 billion institution operating in three of Alabama’s four largest markets.
The deal consideration was a mix of cash and River common stock.
Porter White Capital, LLC served as exclusive financial advisor to Trinity Bancorp, Inc. and its subsidiary, Trinity Bank.
Principals of Porter White Capital, LLC have advised on 9 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 Michael Stone 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.