So you want to know more details about the regulatory-mandated sale of Allied Bank of Mulberry. We aim to please.
Today’s Bank of Huntsville was awarded ownership of the $66.3-million asset lender with a negative bid of $6.1 million.
Today’s took on all the good and bad assets of Allied Bank with one exception: Unidentified securities valued at $1.3 million.
Who else expressed an interest in Allied?
We know of two others.
They would be the $9.5 billion-asset Centennial Bank of Conway, flagship of publicly traded Home BancShares Inc., and the $383 million-asset FNBC Bank of Ash Flat.