VOL. 129 | NO. 70 | Thursday, April 10, 2014
Landmark Community Bank Makes Acquisitions
By Andy Meek
Collierville-based Landmark Community Bank has completed acquisitions of Cadence Bank branches in Franklin and Brentwood.
As part of the deal, Landmark assumed almost $30 million in deposits and accrued interest and bought about $4.6 million in loans and other assets. Cadence depositors became Landmark customers effective March 24.
Commenting on the deal, Landmark chairman James Farrell said his bank is excited about the possibilities associated with expanding into two dynamic Middle Tennessee markets.