News

Georgia Primary Bank announces merger agreement with Georgia Banking Company

Georgia Banking Company, Inc. and Primary Bancshares Corporation Announce Merger Agreement ATLANTA, GEORGIA – October 9, 2024 – Georgia Banking Company, Inc. (“GBC”), the parent company of Georgia Banking Company, and Primary Bancshares Corporation (“PBC”), the parent company of Georgia Primary Bank, jointly announced today the signing of a definitive agreement under which PBC will merge with and into GBC in a stock and cash transaction with an aggregate value of approximately $27 million. Georgia