United Community Banks, Inc. to Acquire First Central Bancshares, Inc. of Lenoir City, TN; Expands Franchise Into Attractive Tennessee Markets.

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United Community Banks, Inc. to Acquire First Central Bancshares, Inc. of Lenoir City, TN; Expands Franchise Into Attractive Tennessee Markets.

Business Editors

BLAIRSVILLE, Ga.--(BUSINESS WIRE)--Jan. 8, 2003

United Community Banks, Inc. (Nasdaq: UCBI) today announced that it has reached a definitive agreement to acquire First Central Banchares, Inc., a growing community bank holding company located in eastern Tennessee.

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