You probably knew Arkadelphia's Southern Bancorp Inc. was making its first foray into northeast Arkansas in a deal to buy the $314 million-asset First Delta Bankshares Inc. of Blytheville.
Who are the biggest recipients in this estimated $60 million transaction?
That would be Edward Sims, vice chairman of First Delta, nearly $41.5 million; and Jerry Sims, chairman and CEO, $15.2 million.
Between them, they control nearly 95 percent of the two-bank holding company.
And lest we forget, First Delta owns First National Bank of Blytheville and Bank of Trumann (Poinsett County).




Mobile Edition
Print
Get the Mag
Weekly Updates