Triumph Bancshares in Germantown, Tenn., has agreed to buy two mortgage businesses from Merchants & Planters Bancshares in Bolivar, Tenn.

The $416 million-asset Triumph agreed last month to buy Merchants & Planters Home Loans, a mortgage lender, and Community Bankers Mortgage Group, a wholesale lender that makes loans across the Southeast, Triumph President and Chief Executive Will Chase said Friday. Terms of the transactions were not disclosed.

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