Peach State Bancshares Acquired by United Community Banks | Financial Services M&A Deal

United Community Banks has acquired Peach State Bancshares, a banking business in Georgia, for $100.8 million. Peach State Bancshares operates Peach State Bank & Trust with branches in Gainesville and Braselton, serving retail and business customers in Hall County. As of March 31, 2026, Peach State Bank reported $788 million in total assets, $498 million in total loans, and $713 million in deposits, supporting a local franchise in financial services deals GA. The merger acquisition is a strategic acquisition by United Community Banks acquisitions, combining community banking footprints through a stock and cash transaction valued at $100.8 million, with the agreement announced April 21, 2026.