Breaking news: Gulf Coast Community Bank bought

First Bancshares of Hattiesburg announced this morning that it has acquired Gulf Coast Community Bank, which has $133 million in assets and five branches in the greater Pensacola area. The First bought GCCB for $2.3 million in First Bancshares stock.

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Author: Rick Outzen

Rick Outzen is the publisher/owner of Pensacola Inweekly. He has been profiled in The New York Times and featured in several True Crime documentaries. Rick also is the author of the award-winning Walker Holmes thrillers. His latest nonfiction book is “Right Idea, Right Time: The Fight for Pensacola’s Maritime Park.”