M&A Deal Summary

Trustmark Acquires Smith County Bank

On March 13, 1998, Trustmark acquired financial services company Smith County Bank for 15M USD

Acquisition Highlights
  • This is Trustmark’s 3rd transaction in the Financial Services sector.
  • This is Trustmark’s 6th largest (disclosed) transaction.
  • This is Trustmark’s 3rd transaction in the United States.
  • This is Trustmark’s 3rd transaction in Mississippi.

M&A Deal Summary
Date 1998-03-13
Target Smith County Bank
Sector Financial Services
Buyer(s) Trustmark
Deal Type Add-on Acquisition
Deal Value 15M USD
Advisor(s) Southard Financial (Financial)

Target

Smith County Bank

Mississippi, United States
Smith County Bank provides banking products and services for individuals and businesses.

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Buyer(S) 1

Buyer

Trustmark

Jackson, Mississippi, United States
Category Company
Founded 1889
Sector Financial Services
Employees2,515
Revenue 658M USD (2023)
DESCRIPTION
RSA Trustmark building in downtown Mobile, Alabama.
RSA Trustmark building in downtown Mobile, Alabama.

Trustmark provides banking and financial services. Trustmark was founded in 1889 and is based in Jackson, Mississippi.

DEAL STATS #
Overall 3 of 6
Sector (Financial Services) 3 of 6
Type (Add-on Acquisition) 3 of 6
State (Mississippi) 3 of 3
Country (United States) 3 of 6
Year (1998) 1 of 1
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-10-17 First National Financial

Mississippi, United States

First National Financial Corp.provides banking products and services for individuals and businesses.

Buy $57M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-04-06 Barret Bancorp

BARRETVILLE, Tennessee, United States

Barret Bancorp, Inc.provides banking products and services for individuals and businesses.

Buy $102M
Mergr

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