Banks in Georgia, Missouri raise capital from stock sales

Georgia Banking Co. in Atlanta and First Bancshares in Mountain Grove, Mo., raised capital by selling common stock.

Georgia Banking, which recently bought Primary Bancshares, raised about $1.5 million through a private placement. according to data compiled by Performance Trust Capital Partners.

First Bancshares, meanwhile, brought in $2 million in capital from its private placement.

Performance Trust did not list the pricing, shares sold, or investors.