Ohio bank broaches Tennessee with $317.3M acquisition

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Newark, Ohio-based Park National Corp. will acquire Dyersburg, Tennessee-based First Citizens Bancshares (not to be confused with First Citizens in neighboring North Carolina) in a roughly $317.3 million deal that’s expected to close in the first quarter of 2026, the banks said Monday. The transaction would create an entity with roughly $12.5 billion in assets, $10.5 ...