FirstBank Acquires Northwest Georgia Bank

We represented FirstBank, a subsidiary of First South Bancorp, Inc., in its acquisition of Northwest Georgia Bank in Ringgold. Northwest Georgia Bank is the 7th largest bank in metro Chattanooga and has assets of $298 million. This acquisition will increase FirstBank’s assets to $2.8 billion and provide four additional branches in two Tennessee counties. The deal closed in the third quarter of 2015.

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