Dogwood State Bank and Community First Bancorporation, the parent holding company of Community First Bank, Inc., recently announced the receipt of all required regulatory approvals to complete the previously announced merger of Community First and Community First Bank with and into Dogwood.
The parties expect the merger to close on Aug. 1, 2024. Based on financial information as of March 31, 2024, the combined company would have approximately $2.13 billion in assets, $1.66 billion in loans and $1.80 billion in deposits.
“We are thrilled to announce that we have received all required regulatory approvals for our merger with Community First Bank," commented CEO of Dogwood Steve Jones in a press release. "These approvals mark a pivotal moment in the Dogwood State Bank journey while also representing a significant milestone in the lives of both organizations. We are confident that this merger allows us the ability to create enhanced value for our combined customers, employees, and shareholders. We are excited about the opportunities ahead and look forward to a successful future together.”
Dogwood State Bank opened its newest location in Fayetteville, NC at the end of 2022. The full-service branch, located at 225 Green Street, in Fayetteville, NC continues the bank’s vision of revitalizing community banking through the development of long-lasting relationships.
Brian and Staci Graybill opened their third business together, Market Square Pantry, in December 2025. Photo provided by Faith Hatton. For Fayetteville entrepreneurs Brian and Staci Graybill, building a business has often started when they were
The venue features two levels, two fully stocked bars, audio-video systems including projectors, and lighting solutions, an in-house culinary team, lounge space, a bistro section and private rooms, a state-of-the-art DJ booth and on-site staff to hel
Brad and Kelley McLawhorn became business partners in 2001 when they first opened a restaurant on Reilly Road. Now, their highly praised catering company continues to impress community members with flexibility, quality and personalized service. Photo
