Merger • Financial Services

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 Context

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.

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M&A Deal Summary
Date	December 10, 2025
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 Company

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.

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Buyer Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Financial Services	1 of 1
Type: Merger	1 of 1
State: Alabama	1 of 1
Country: United States	1 of 1
Year: 2025	1 of 1
Size (of disclosed)	1 of 1

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