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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 56 212 11,977
MORTGAGES 68 295 15,645
FORECLOSURE NOTICES 0 57 3,080
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 81 291 11,598
BUSINESS LICENSES 29 102 4,257
UTILITY CONNECTIONS 89 428 17,611
MARRIAGE LICENSES 20 81 3,645

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