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Alabama regulator OKs Capstone Bank/SmartBank merger

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Alabama regulator OKs Capstone Bank/SmartBank merger

The Alabama State Banking Department on Sept. 1 approved Tuscaloosa, Ala.-based Capstone Bank's merger into Pigeon Forge, Tenn.-based SmartBank.

SmartFinancial Inc. signed a definitive merger agreement with Capstone Bancshares Inc. on May 22.