Simmons First National Corp. signed an agreement to buy Delta Trust & Banking Corp. and subsidiary Delta Trust & Bank for about $66 million.
The acquisition of Little Rock, Ark.-based Delta Trust is expected to close in sometime in the third quarter, subject to regulatory approval. Delta Trust has $431 million in assets, $319 million in loans and total equity of about $40.6 million.
Pine Bluff, Ark.-based Simmons First National Corp., parent of Simmons First National Bank, is a $3.17 billion operation.…
↧