Fleur Capital has agreed to buy Simmesport State Bank in Simmesport, La.
Fleur, led by Spirit of Texas Bank President David McGuire, said in a press release that it hopes to buy the $231.5 million-asset Simmesport State Bank in the second quarter. The price
“We highly value the Simmesport State Bank employees and believe they will be well-served as part of this proposed transaction,” McGuire said in the release. “We are excited to work alongside the Simmesport State Bank team to strengthen current relationships and develop new ones.”
Simmesport State Bank has two branches, $183.2 million in loans and $191.5 million in deposits.
Fleur Capital was advised by Hovde Group and Hunton Andrews Kurth. Simmesport State Bank was advised by National Capital and Fenimore Kay Harrison.