BAINBRIDGE AND CAIRO, Georgia (Oct 14th, 2016) – First National Bank and Citizens Bank Cairo completed their merger today and will now operate as First National Bank.
“On behalf of the directors of both banks I am pleased to announce this strategic combination of similar banking organizations”, said Brad Barber, CEO of First National. “We are excited to move forward together as a strong, united financial institution serving the Cairo, Bainbridge communities and beyond. Citizens Bank’s high standards of service won’t be changing – just the name. You’ll still see the same friendly faces in the Cairo office and continue to enjoy the same friendly service. We look forward to being a part of the community for years to come.”
We’ll be sending more detailed information in the coming weeks and months. In the meantime, if you have any questions, please call 229-246-3131 or visit www.fnbdc.com.
As of September 30, 2016, First National Bank had approximately $114 million in assets, loans of $86 million, deposits of nearly $95 million and equity of $14.3 million. Citizens Bank Cairo had approximately $31 million in assets, loans of nearly $19 million, deposits of $27 million and equity of $4.3 million. The combined company will have nearly $145 million in assets and will operate 2 offices: Bainbridge and Cairo, GA.
CONTACTS: Brad E Barber, CEO, First National Bank,
firstname.lastname@example.org , 229-246-3131