CBS Banc-Corp. Completes Acquisition of TAG Bancshares, Inc.

CBS Banc-Corp. Completes Acquisition of TAG Bancshares, Inc.
 
April 1, 2026
 
RUSSELLVILLE, AL and TRENTON, GA, April 1, 2026 - CBS Banc-Corp. ("CBS") announced that it has completed its acquisition of TAG Bancshares, Inc. ("TAG"), the parent company of Citizens Bank & Trust, Inc. ("Citizens"), effective April 1, 2026. 
 
Although the acquisition has been completed, full conversion and integration of Citizens'
operations into CBS' operations is expected to be completed in the fall of 2026. Until the
conversion is completed, Citizens' customers should continue to conduct their banking business as usual, including using existing branches, debit cards, checks, credit cards and ATMs, and making loan payments.
 
About CBS Banc-Corp.
CBS is a bank holding company headquartered in Russellville, Alabama. The company's banking subsidiary, CB&S Bank, Inc., Member FDIC, was founded in 1906 and is one of the largest community banks in Alabama. Following the acquisition of TAG, CBS operates over 50 offices across Alabama, Georgia, Mississippi, and Tennessee with approximately $3.0 billion in assets. Additional information is available on CBS' website: www.cbsbank.com.
 
Forward-looking statements:
Forward-looking statements include information about CBS' future financial performance,
business strategy, and projected plans and objectives, including related to the transaction
involving CBS and TAG, and are based on the current beliefs and expectations of management. CBS' management believes these forward-looking statements are reasonable, but they are all inherently subject to significant business, economic and competitive risks and uncertainties, many of which are beyond CBS' control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Prospective investors are cautioned that any forward-looking statements are not guarantees of future performance and involve risks and uncertainties and, accordingly, investors should not place undue reliance on these forward-looking statements, which speak only as of the
date they are made.
 
For more information contact:
Michael D. "Mike" Ross, CBS Banc-Corp., President & CEO
(256) 331-8657 or Mike.Ross@cbsbank.net