A Georgia bank with four Augusta-area branches is combining with another bank to form a new financial institution holding $3.8 billion in assets.
Pinnacle Bank is finalizing a stock transaction with Morris Bank in an agreement announced recently by the banks’ respective holding companies.
The new bank, which will have a new “unified name and logo” before the transaction closes, will have $3.3 billion in deposits and $2.8 billion in loans, the companies said in a statement…