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Simmons First buys another bank, hints at more KC interest

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Simmons First National Corp. remains one of the most active bank acquirers with a presence in the Kansas City area, this time buying Community First Bancshares in Union City, Tenn. The deal is worth $243.4 million, making it Simmons First's largest and most aggressive buy in the past few years. Community First and its subsidiary First State Bank is the fifth largest bank headquartered in Tennessee, based on deposits. It has 32 financial centers throughout Tennessee, and adds another $1.9 billion…

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