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Bank Acquisitions Announced in Three States

Peoples Bancorp of Marietta, Ohio agreed to acquire Citizens National in Paintsville, Kentucky for $76.6 million in cash and stock, valuing the $686 million-asset target at 118% of tangible book value, with closing expected in H2 2026. United Community Banks of Greenville, South Carolina agreed to acquire Peach State Bancshares in Gainesville, Georgia for $100.8 million, valuing the $788 million-asset target at 194% of tangible book value, with closing expected in Q3 2026. Points West Community Bank of Windsor, Colorado applied to the FDIC to acquire State Bank of Downs in Kansas, a $140.3 million-asset institution, with price undisclosed.

United Community Banks 8-K Filing

United Community Banks, a bank holding company headquartered in Greenville, South Carolina, filed a Form 8-K with the SEC on April 21. Form 8-K is used by public companies to report material events or changes to shareholders. The filing is accessible via SEC EDGAR under CIK 0000857855.