Simmons First National Acquires Community First
May 07, 2014
Simmons First National Corp has made its fourth acquisition since 2012, with the purchase of Tennessee-based Community First Bancshares. Simmons has operations across Arkansas, Missouri and Kansas. Community First and its subsidiary, First State Bank, have 32 financial centers in Tennessee and will add $1.9 billion in assets to Simmons’ $5 billion. The acquisition price was $243.4 million.