Pinnacle Financial Corporation and Morris State Bancshares Announce Name Change to Vallant Financial

Core Viewpoint - Pinnacle Financial Corporation and Morris State Bancshares have announced a strategic partnership, creating a unified holding company named Vallant Financial, Inc., which reflects their commitment to community banking since 1934 [1][2]. Group 1: Company Overview - Pinnacle Financial Corporation is a $2.2 billion asset bank holding company based in Elberton, Georgia, with operations in 17 counties [4]. - Morris State Bancshares, with $1.5 billion in assets, is headquartered in Dublin, Georgia, and has been recognized as one of the Best-In-State Banks 2025 by Forbes [5]. Group 2: Strategic Partnership Details - The new brand, Vallant, symbolizes courage, strength, and resilience, aligning with the values both companies uphold in their communities [2]. - The merger aims to enhance customer access, resources, services, and career opportunities while adding value for shareholders and the communities served [3]. Group 3: Leadership Statements - Jackson McConnell, CEO of Pinnacle, expressed excitement about the new chapter and the dynamic community banking structure that will benefit customers [2]. - Spence Mullis, Chairman and CEO of Morris, emphasized that the name change signifies a shared purpose to serve Georgia and the Southeast as a premier community banking partner [3].