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VOL. 129 | NO. 70 | Thursday, April 10, 2014

Landmark Community Bank Makes Acquisitions

By Andy Meek

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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.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 238 10,116
MORTGAGES 103 297 13,172
FORECLOSURE NOTICES 0 40 2,578
BUILDING PERMITS 192 562 24,086
BANKRUPTCIES 75 227 9,760
BUSINESS LICENSES 20 71 3,674
UTILITY CONNECTIONS 126 390 14,353
MARRIAGE LICENSES 15 68 3,131

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