Did Park National Bank buy First Citizens National Bank?
No, Park National Bank was not bought out. Instead, Park National Corporation acted as the acquiring entity in an all-stock merger with First Citizens Bancshares, Inc., which was completed on February 1, 2026. This merger expanded Park National's footprint into the Tennessee market by integrating First Citizens National Bank as a division of Park National Bank. Park National Corporation continues to operate as an independent regional bank holding company, with its board and management team leading the combined entity following the expansion.
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