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Tag Archives: Bay Bank

The First expands Gulf presence with BCB acquisition

The First Bancshares Inc. (NASDAQ: FBMS), holding company for The First, A National Banking Association, has acquired BCB Holding Company Inc., holding company for Mobile, Alabama-based Bay Bank. Terms were not disclosed. The First president and CEO Hoppy Cole said, “We are excited about the opportunities that this merger will create in the Mobile market.” The acquisition will further expand ...

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BCB shareholders approve proposed merger with The First

HATTIESBURG — BCB Holding Company Inc. shareholders have approved the previously announced merger of BCB with and into The First Bancshares Inc., holding company for The First, A National Banking Association. Concurrently, BCB’s wholly-owned subsidiary, Bay Bank, an Alabama banking corporation, will be merged with and into The First, A National Banking Association. In addition, The First Bancshares has received ...

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The First acquiring Alabama bank in cash/stock deal

HATTIESBURG — First Bancshares is expanding further into Alabama, announcing yesterday that it will buy BCB Holding Co. of Mobile, Ala., for about $6.6 million in cash and stock. BCB is the parent company of Bay Bank, which has $80 million in assets. Hattiesburg-based First Bancshares, the parent company of The First, says it expects to complete the acquisition before ...

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