Simmons Bank CEO shares Memphis growth strategies
Simmons would become the sixth largest bank in Memphis based on local deposits when the deal closes in the fourth quarter.
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Simmons would become the sixth largest bank in Memphis based on local deposits when the deal closes in the fourth quarter.
Arkansas-based Simmons First National would pay $146.3 million in stocks and bonds for Landmark Community Bank, and $131.6 million for Triumph Bancshares.
Federal Paycheck Protection Program and a flight to cash cited as reasons for dramatic increase in local bank deposits.
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