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Simmons First closes deals that add about $3B in assets

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Simmons First National Corp. announced that it closed on the acquisition of Liberty Bancshares Inc. and Community First Bancshares Inc., boosting its assets by 65.2 percent. Simmons First, the holding company for Simmons Bank, had $4.63 billion in assets as of Dec. 31. Adding the assets of Springfield-based Liberty Bank and Tennessee-based First State Bank boosted its assets to $7.6 billion. The company now has $4.7 billion in loans and $6.2 billion in deposits at 160 locations in Kansas, Missouri,…

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