** Community bank Southern States Bancshares' SSBK.O shares jump 7.9% to $35.07 in early trading
** Regional lender FB Financial FBK.N shares down ~4% at $45.22
** FBK will buy Anniston, Alabama-based SSBK in a $381 million all-stock deal, the companies announce
** SSBK shareholders will receive 0.80 shares of FBK for each shares held, valuing the bank at $37.64 per share, which represents a 15.9% premium to last close
** Deal, expected to close in second half of 2025, will boost FBK's presence in Alabama and Georgia
** Keefe, Bruyette, & Woods advised FBK, while Performance Trust Capital Partners advised SSBK
** SSBK stock up 4.9% YTD, while FBK down 12%
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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