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Bank Watch: Regulators Close Wakulla Bank in Florida, Shoreline Bank in Washington

FDIC Retains Bad CRE Assets

Centennial Bank in Conway, AR, a wholly-owned subsidiary of Home BancShares Inc., acquired all the deposits, substantially all of the assets, and certain liabilities of Wakulla Bank in Crawfordville, FL, (the Tallahassee area), through loss-sharing agreements with the Federal Deposit Insurance Corp. (FDIC).

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