M&A Deal Summary

Community First Acquires First Southern Bank

On November 18, 2025, Community First acquired financial services company First Southern Bank

Acquisition Highlights
  • This is Community First’s 1st transaction in the Financial Services sector.
  • This is Community First’s 1st transaction in the United States.
  • This is Community First’s 1st transaction in Georgia.

M&A Deal Summary

Date 2025-11-18
Target First Southern Bank
Sector Financial Services
Buyer(s) Community First
Deal Type Add-on Acquisition
Advisor(s) Janney Montgomery Scott (Financial)
Alston & Bird (Legal)

Target

First Southern Bank

Waycross, Georgia, United States
First Southern Bank is a financial services provider that offers a full range of banking and lending products for consumers and small businesses. Headquartered in Waycross, Georgia, the bank has seven branch locations. Branch locations offer checking, savings, commercial, consumer, and residential loans, ATM's, online banking, cash management services, 24/7 telephone banking, and a mobile app for banking on the go. First Southern Bank is based in Waycross, Georgia.

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Buyer(S) 1

Buyer

Community First

Jacksonville, Florida, United States

Category Company
Sector Financial Services
DESCRIPTION

Community First is a not-for-profit financial institution serving individuals and businesses in Northeast Florida. It offers a full range of banking services, including checking and savings accounts, personal and commercial loans, mortgages, and investments. Community First is based in Jacksonville, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1