FNS Bancshares, Inc. entered into a definitive agreement to acquire Catoosa Bancshares, Inc. on June 28, 2018. The transaction is in all cash acquisition. Upon closing, Joseph M. Haskins will become the Senior Director of Market Development of FNS Bancshares. The transaction is subject to regulatory approvals as well as other customary closing conditions. Board of Directors of both the companies approved the transaction. The transaction is expected to close in the fourth quarter of 2018. Chris Mihok, Chris Kochard, Owen Elliott, Chad Davis and Miles Lerner of Keefe, Bruyette, & Woods, Inc. and Banks Street Partners, LLC acted as financial advisors for FNS Bancshares and Bryan Cave Leighton Paisner LLP acted as legal advisor for FNS Bancshares. Olsen Palmer LLC acted as financial advisor for Catoosa Bancshares and Gearhiser, Peters, Elliott & Cannon, PLLC acted as legal advisor for Catoosa Bancshares.