Grandsouth bancorporation merger

WebJan 4, 2024 · First Bancorp announced the completion of its acquisition of GrandSouth Bancorporation, the parent company of GrandSouth Bank, on January 1, 2024.The merger solidifies First Bank’s position as one of the leading banks headquartered in the Carolinas, with total assets of approximately $12 billion and 118 branches. Mike Mayer, … WebJan 4, 2024 · First Bancorp announced the completion of its acquisition of GrandSouth Bancorporation, the parent company of GrandSouth Bank, on January 1, 2024. The …

FIRST BANCORP COMPLETES ACQUISITION OF …

WebJun 22, 2024 · Under the terms of the merger agreement, the Company's shareholders will receive 0.910 shares of First Bancorp common stock for each GrandSouth share owned, representing implied per-share merger ... WebDec 30, 2024 · First Bancorp will acquire GrandSouth in an all-stock... First Bancorp entered in a definitive merger agreement to acquire GrandSouth Bancorporation for approximately $160 million on June 21, 2024. significance of hazelwood v kuhlmeier https://alicrystals.com

First Bancorp Completes Acquisition of GrandSouth Bancorporation

WebJun 21, 2024 · The two companies signed a definitive agreement for First Bank to acquire GrandSouth, subject to satisfaction of customary closing conditions, in an all-stock merger. The total current value of the deal is $181.1 million USD, or $31.43 per share, and is expected to close in the fourth quarter of 2024.GrandSouth is a bank holding company … WebGrandSouth Bancorporation reports third quarter 2024 results . GREENVILLE, SC, October 17, 2024 ... Merger expenses relate to the Company’s pending merger with First Bancorp. 2 . Loan Portfolio. The Company’s gross loan portfolio increased $42.2 million, or an annualized rate of 17.59%, during the third quarter of 2024 and $61.6 million, or ... WebGrandSouth Bancorporation reports third quarter 2024 results. Summary. 7/18/2024. 11:23 AM ET. Press Release. significance of headright system

FIRST BANCORP ACCELERATES ITS SOUTH CAROLINA EXPANSION WITH THE ... - WXIN

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Grandsouth bancorporation merger

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WebJun 21, 2024 · The merger agreement, unanimously approved by the board of directors of each company, is expected to close in the late fourth quarter of 2024 or early first quarter … WebFirst Quarter 2024 Highlights – For and during the quarter ended March 31, 2024: Net Income was $4.1 million, an increase of $0.5 million, or 14.30%, from the same quarter in …

Grandsouth bancorporation merger

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WebJun 21, 2024 · The aggregate merger consideration has a total current value of approximately $181 million, or $31.43 per share. Subject to the terms and conditions of the Merger Agreement, GrandSouth's shareholders will receive 0.91 shares of First Bancorp common stock for each share of GrandSouth common stock and preferred stock … WebGrandSouth Bancorporation (GRRB:OTCQX) (the "Company"), the holding company for GrandSouth Bank ("GrandSouth", or the "Bank"), would like to congratulate LeeAnn Weber on being elected to the board of directors at the Company's 2024 annual meeting of shareholders. Mrs. Weber is the CFO, Executive Secretary, and Treasurer of Strange …

WebJan 3, 2024 · SOUTHERN PINES, N.C., Jan. 3, 2024 /PRNewswire/ -- First Bancorp (NASDAQ: FBNC) announced today the completion of its acquisition of GrandSouth … WebNov 16, 2024 · GREENVILLE, S.C., Nov. 16, 2024 /PRNewswire/ -- GrandSouth Bancorporation (GRRB:OTCQX), the holding company for GrandSouth Bank ("Bank"), …

WebFirst Bancorp (NASDAQ: FBNC) announced the completion of its acquisition of GrandSouth Bancorporation (“GrandSouth”), the parent company of GrandSouth Bank, on January 1, 2024.The merger solidifies First … WebJan 3, 2024 · SOUTHERN PINES, N.C., Jan. 3, 2024 /PRNewswire/ — First Bancorp ( NASDAQ: FBNC) announced today the completion of its acquisition of GrandSouth …

WebSep 24, 2024 · GrandSouth Bancorporation (OTC: GRRB), relating to its proposed acquisition by First Bancorp. Under the terms of the agreement, GRRB shareholders will …

WebJan 4, 2024 · January 04, 2024. Share. First Bancorp announced the completion of its acquisition of GrandSouth Bancorporation (‘ GrandSouth ’), the parent company of … significance of health assessment in nursingsignificance of health assessmentWebNov 8, 2024 · GrandSouth Bancorporation (Exact name of registrant as specified in its charter) South Carolina (State or other jurisdiction of incorporation) ... 2024, in Greenville, South Carolina related to GrandSouth's proposed merger with First Bancorp. On the record date of September 14, 2024, GrandSouth had 5,222,042 shares of common stock … significance of hearing an owl hootWebA. The stock price for First Bancorp ( NASDAQ: FBNC) is $ 38.885 last updated Today at January 25, 2024 at 7:38 PM UTC. Q. significance of hearing screeningWebJan 3, 2024 · Under the terms of the merger agreement, GrandSouth shareholders will receive 0.91 shares of First Bancorp common stock for each share of GrandSouth common and preferred stock. significance of henna in indian weddingsWebJan 3, 2024 · SOUTHERN PINES, N.C., Jan. 3, 2024 /PRNewswire/ -- First Bancorp (NASDAQ: FBNC) announced today the completion of its acquisition of GrandSouth Bancorporation ("GrandSouth"), the parent... significance of heavy mineralsWebJan 3, 2024 · First Bancorp (NASDAQ: FBNC) announced today the completion of its acquisition of GrandSouth Bancorporation (“GrandSouth”), the parent company of … the puffin bistro north berwick