We represented Community First Bank & Trust in Columbia in its definitive agreement to sell to Commerce Union Bancshares, the parent of Reliant Bank, for $59 million. The combined company with $1.5 billion in assets will operate under the name Reliant Bancorp upon the deal’s closing. The transaction is expected to close in the first quarter of 2018.
Community First Bank & Trust Sells to Commerce Union
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Representation of Tennessee Community Bank Holdings, Inc., the parent company for Community Bank & Trust located in Ashland City, Tennessee, in its definitive agreement to sell to Reliant Bancorp, Inc. (Nasdaq: RBNC) for $37 million in an approximately 50% stock and 50% cash transaction.
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