trending Market Intelligence /marketintelligence/en/news-insights/trending/-ODrfbzvenpuxptGmV93Eg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Bank of Forest closes Bank of Walnut Grove acquisition

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Bank of Forest closes Bank of Walnut Grove acquisition

In Mississippi, Forest-based Bank of Forest has acquired Walnut Grove-based Bank of Walnut Grove.

The merger took effect Sept. 30. Conversion is expected to finish near the end of the first quarter of 2018. Carl Ware will continue managing the Walnut Grove office and will join Bank of Forest's board.

Bank of Forest had $160.3 million in assets as of June 30; Bank of Walnut Grove had $58.5 million. Bank of Forest is a subsidiary of First Forest Corp.