Grant Bancshares Inc., the bank holding company for Louisiana-based Bank of Montgomery, will acquire the $64 million Bank of Ringgold. Bank of Montgomery, which currently operates from six locations, will expand its footprint to include the Bank of Ringgold's three locations. Following the merger, Bank of Montgomery will have approximately $280 million in total assets and $250 million in deposits. “We have a strong commitment to our local communities, and we take pride in knowing all of our customers by name. That will never change,” says Bank of Montgomery President and CEO Ken Hale. “We welcome the Bank of Ringgold’s customers to our community banking platform with exceptional products and services.”