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Investments Include Banks, Tech, Farming

With $30.1 million raised, Tempus USF LLC of Little Rock tops Arkansas Business list of the largest private investment offerings ranked by total investment amount sold. ....

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First Paragould Bankshares, Inc. to Enter Tennessee with Acquisition of Cumberland Bancshares, Inc. and Citizens Bank

Press release content from Business Wire. The AP news staff was not involved in its creation.
First Paragould Bankshares, Inc. to Enter Tennessee with Acquisition of Cumberland Bancshares, Inc. and Citizens Bank
May 5, 2021 GMT
PARAGOULD, Ark. & HARTSVILLE, Tenn. (BUSINESS WIRE) May 4, 2021
First Paragould Bankshares, Inc. (“First Paragould”), the holding company for First National Bank (“First National”), announced today that it has entered into a definitive agreement to acquire Cumberland Bancshares, Inc. (“Cumberland”) and its banking subsidiary, Citizens Bank located in Hartsville, Tennessee.
With the proposed transaction, First National will enter Tennessee and establish a significant presence within the Nashville MSA, including branches in Sumner County and Trousdale County. On a pro forma basis, First National Bank will have 23 branches and total assets of approximately $2.2 billion. ....

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