Community & Southern to acquire Community Business Bank for $27.4 million

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Community & Southern Holdings Inc. will acquire Community Business Bank for $27.4 million.

Atlanta-based C&S Holdings operates 41 branches in Georgia and has nearly $3.4 billion in assets and $2.8 billion in deposits.

Cumming, Ga-based Community Business Bank operates two branches in Georgia and has nearly $147 million in assets and $117 million in deposits.

The deal is expected to be completed in the second quarter of 2015.

credit: http://www.bizjournals.com/atlanta/news/2015/02/02/community-southern-to-acquire-community-business.html

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