FB Financial Corporation Completes Merger With Southern States Bancshares
FB Financial Corporation has completed its merger with Southern States Bancshares, with Southern States Bank merging into FirstBank. The merger, effective July 1, 2025, was approved by both companies' boards and shareholders. Southern States Bancshares sold $169,000 in investment securities to reposition its balance sheet prior to the merger. This news was generated by Public Technologies using AI and is based on information from FB Financial Corporation's EDGAR filing.
Southern States Bancshares, Inc. has completed its merger with FB Financial Corporation, the parent company of FirstBank. As part of the transaction, Southern States Bank has merged into FirstBank, with all outstanding stock-based compensation vested during the second quarter. In preparation for the merger, Southern States Bancshares sold approximately $169,000 of investment securities to reposition its balance sheet, though these sales were not related to acquisition accounting. The merger received approval from the boards of directors and shareholders of both companies and closed effective July 1, 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FB Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-111367), on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
