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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 79 146 10,368
MORTGAGES 95 202 13,529
FORECLOSURE NOTICES 19 43 2,687
BUILDING PERMITS 0 393 24,700
BANKRUPTCIES 62 122 10,014
BUSINESS LICENSES 21 37 3,773
UTILITY CONNECTIONS 99 248 14,805
MARRIAGE LICENSES 27 58 3,225

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