FB Financial receives all final regulatory approvals for Southern States merger; close set for July 1

FB Financial Corp

All required regulatory approvals received for merger with Southern States Bancshares (SSBK).
Transaction expected to close on July 1, 2025, with systems conversion in Q3 2025.
Southern States had $2.9B assets, $2.3B loans, $2.4B deposits as of March 31, 2025.
FB Financial had $13.1B assets, $9.9B loans, $11.2B deposits as of same date.
Combined company will have enhanced scale in Alabama and Georgia markets.

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