{"id":979366,"date":"2026-07-07T16:21:44","date_gmt":"2026-07-07T20:21:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/business-first-bancshares-inc-acquires-american-planning-corporation-strengthening-community-bank-advisory-services-through-smith-shellnut-wilson\/"},"modified":"2026-07-07T16:21:44","modified_gmt":"2026-07-07T20:21:44","slug":"business-first-bancshares-inc-acquires-american-planning-corporation-strengthening-community-bank-advisory-services-through-smith-shellnut-wilson","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/business-first-bancshares-inc-acquires-american-planning-corporation-strengthening-community-bank-advisory-services-through-smith-shellnut-wilson\/","title":{"rendered":"Business First Bancshares, Inc. Acquires American Planning Corporation, Strengthening Community Bank Advisory Services Through Smith Shellnut Wilson"},"content":{"rendered":"<h2>\nVeteran community bank consulting team brings more than five decades of experience to SSW and b1 Financial Services Group clients nationwide<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>BATON ROUGE, La., July  07, 2026  (GLOBE NEWSWIRE) &#8212;  Business First Bancshares, Inc. (Nasdaq: BFST) today announced the acquisition of American Planning Corporation (American Planning), a financial consulting firm serving community banks since 1972. CEO T. Jefferson Fair and his team will join Smith Shellnut Wilson, LLC (SSW), a b1BANK subsidiary, expanding SSW\u2019s advisory platform to serve SSW and b1 Financial Services Group clients nationwide.<\/p>\n<p>American Planning brings more than five decades of experience advising community banks through outsourced CFO services, financial modeling, strategic planning, capital planning, asset\/liability management, stock valuations, and regulatory consulting.<\/p>\n<p>\u201cJeff Fair and his team have earned the trust of community bankers over many years\u2014including ours,\u201d said Jude Melville, chairman, president and CEO of Business First Bancshares, Inc. \u201cWe\u2019ve worked together since our founding twenty years ago, and I have complete confidence that by formally joining forces, we will amplify the positive impact Jeff already has had on the community banking industry.\u201d<\/p>\n<p>The acquisition expands SSW\u2019s platform beyond investment management and asset\/liability management into a comprehensive suite of strategic advisory services. Financial institutions will benefit from deeper expertise in financial performance, regulatory strategy, capital planning and long-term growth\u2014all through a single trusted partner.<\/p>\n<p>\u201cWe\u2019ve worked side by side serving community banks for more than 30 years,\u201d said Frank W. Smith III, MBA, CFA, managing director of Smith Shellnut Wilson. \u201cJoining forces allows us to deepen our capabilities while delivering greater value to our clients.\u201d<\/p>\n<p>\u201cSSW\u2019s investment management and ALM experience complements American Planning\u2019s work in community bank financial and strategic planning,\u201d said Fair. \u201cWe\u2019ve served many of the same clients for years, working toward the same goals. Now we\u2019ll do it as one team.\u201d<\/p>\n<p>\n        <strong>About Business First Bancshares, Inc.<\/strong>\n      <\/p>\n<p>As of March 31, 2026, Business First Bancshares, Inc. (Nasdaq: BFST), through its banking subsidiary b1BANK, had $8.9 billion in assets. Its affiliate, Smith Shellnut Wilson, LLC (SSW), manages $5.7 billion in assets, excluding approximately $1.0 billion of b1BANK assets managed by SSW. b1BANK operates banking centers and loan production offices across Louisiana and Texas, providing commercial and personal banking products and services. b1BANK is a 2024 Mastercard Innovation Award winner and a multiyear recipient of <em>American Banker<\/em> magazine\u2019s Best Banks to Work For recognition. For more information, visit b1BANK.com.<\/p>\n<p>\n        <strong>Misty Albrecht<\/strong><br \/>\n        <br \/>b1BANK<br \/>225.286.7879 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kZc4dKp-M87Ow_iUIGbf1oVrX3SHlcFh2HJl0IUP_Y9NL3fWUXOAhNMc94kcPrJpsa20nns0SpZitDDB58vlZcupa-9sF24DvB6HNUg0mwA=\" rel=\"nofollow\" target=\"_blank\">media@b1BANK.com<\/a>\u00a0<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc1ODQyNCM3Njk1MzE3IzIyNDcwOTM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MDFkZjZjOTMtYWNmYi00YjU5LTkwYTgtYjQyMjkzNDI1Mjc3LTEyNTg2NDYtMjAyNi0wNy0wNy1lbg==\/tiny\/b1BANK.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Veteran community bank consulting team brings more than five decades of experience to SSW and b1 Financial Services Group clients nationwide BATON ROUGE, La., July 07, 2026 (GLOBE NEWSWIRE) &#8212; Business First Bancshares, Inc. (Nasdaq: BFST) today announced the acquisition of American Planning Corporation (American Planning), a financial consulting firm serving community banks since 1972. CEO T. Jefferson Fair and his team will join Smith Shellnut Wilson, LLC (SSW), a b1BANK subsidiary, expanding SSW\u2019s advisory platform to serve SSW and b1 Financial Services Group clients nationwide. American Planning brings more than five decades of experience advising community banks through outsourced CFO services, financial modeling, strategic planning, capital planning, asset\/liability management, stock valuations, and regulatory consulting. \u201cJeff Fair and his team &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/business-first-bancshares-inc-acquires-american-planning-corporation-strengthening-community-bank-advisory-services-through-smith-shellnut-wilson\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Business First Bancshares, Inc. Acquires American Planning Corporation, Strengthening Community Bank Advisory Services Through Smith Shellnut Wilson&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-979366","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business First Bancshares, Inc. 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Acquires American Planning Corporation, Strengthening Community Bank Advisory Services Through Smith Shellnut Wilson - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Veteran community bank consulting team brings more than five decades of experience to SSW and b1 Financial Services Group clients nationwide BATON ROUGE, La., July 07, 2026 (GLOBE NEWSWIRE) &#8212; Business First Bancshares, Inc. (Nasdaq: BFST) today announced the acquisition of American Planning Corporation (American Planning), a financial consulting firm serving community banks since 1972. CEO T. Jefferson Fair and his team will join Smith Shellnut Wilson, LLC (SSW), a b1BANK subsidiary, expanding SSW\u2019s advisory platform to serve SSW and b1 Financial Services Group clients nationwide. American Planning brings more than five decades of experience advising community banks through outsourced CFO services, financial modeling, strategic planning, capital planning, asset\/liability management, stock valuations, and regulatory consulting. \u201cJeff Fair and his team &hellip; Continue reading &quot;Business First Bancshares, Inc. 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