M&A Deal Summary

First Bank of Alabama Acquires First Fidelity Bank

On December 10, 2025, First Bank of Alabama acquired financial services company First Fidelity Bank for 21M USD

Acquisition Highlights
  • This is First Bank of Alabama’s 1st transaction in the Financial Services sector.
  • This is First Bank of Alabama’s largest (disclosed) transaction.
  • This is First Bank of Alabama’s 1st transaction in the United States.
  • This is First Bank of Alabama’s 1st transaction in Alabama.

M&A Deal Summary

Date 2025-12-10
Target First Fidelity Bank
Sector Financial Services
Buyer(s) First Bank of Alabama
Deal Type Merger
Deal Value 21M USD
Advisor(s) Performance Trust Capital Partners (Financial)
Jones Walker (Legal)

Target

First Fidelity Bank

Fort Payne, Alabama, United States
First Fidelity Bank is a community bank serving citizens of DeKalb County and surrounding communities in Northeast Alabama. The bank promotes thrift and home ownership through offering competitive FDIC-insured deposit products and responsible home loan programs tailored to meet the needs of its customers, and offers a wide range of deposit and loan products for small businesses. First Fidelity Bank is based in Fort Payne, Alabama.

Search 214,600 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

First Bank of Alabama

Talladega, Alabama, United States

Category Company
Founded 1848
Sector Financial Services
DESCRIPTION

First Bank of Alabama is a full-service community bank with approximately $1.1 billion in total assets. It operates offices in Talladega, Wedowee, Sylacauga, Oxford, Ranburne, Lincoln, Roanoke, Munford, Heflin, Clanton, Woodland, Ashland, Anniston, Childersburg, and Jacksonville, AL. First Bank of Alabama was formed in 1848 and is headquaretered in Talladega, Alabama.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Alabama M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1