BankFirst Capital Corporation (OTCQX:BFCC) (“BankFirst” or the “Company”), parent of BankFirst Financial Services (the “Bank”), has completed its acquisition of The Citizens Bank of Fayette (“Citizens Bank”) from F.B.H. Corporation (“F.B.H.”).
Olsen Palmer LLC served as exclusive financial advisor to BankFirst Capital Corporation.
As a result of the transaction, BankFirst now has 32 offices with total assets of approximately $2.0 billion, gross loans of approximately $1.2 billion, and total deposits of approximately $1.8 billion. Robert D. Mills, Citizens Bank's President and Chief Executive Officer, has joined the Bank as Fayette Regional Executive
Olsen Palmer LLC remains one of the top 3 bank M&A advisory firms nationwide according to S&P Global as ranked by the total number of whole-bank M&A transactions advised upon since 2019.