BankFirst Capital Corporation Completes Acquisition of Mechanics Banc Holding Company and Mechanics Bank
COLUMBUS, Miss., Jan. 3, 2023 /PRNewswire/ — BankFirst Capital Corporation (OTCQX: BFCC) (“BankFirst” or the “Company”), parent of BankFirst Financial Services (the “Bank”), today announced the completion of its previously-announced acquisition of Mechanics Banc Holding Company, a Mississippi corporation (“Mechanics”), and its wholly-owned banking subsidiary, Mechanics Bank, Water Valley, Mississippi (“Mechanics Bank”). The acquisition was effective on January 1, 2023 and results in BankFirst having 47 offices serving Mississippi and Alabama, with total assets of approximately $2.7 billion, gross loans of approximately $1.7 billion, and total deposits of approximately $2.4 billion.
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