Athens Bancshares Corporation Announces Results of Special Stockholders' Meeting

ATHENS, Tenn., Aug. 30, 2018 /PRNewswire/ -- Athens Bancshares Corporation (the "Company") (OTCQX: AFCB), the holding company for Athens Federal Community Bank, National Association, announced today that the Company's stockholders overwhelmingly approved the Company's pending merger with CapStar Financial Holdings, Inc. at a special stockholders' meeting held earlier today.

The merger is expected to close in the fourth quarter of 2018, subject to the receipt of applicable regulatory approvals and the satisfaction of other customary closing conditions.

Athens Bancshares Corporation is the parent holding company of Athens Federal Community Bank, National Association, a FDIC-insured national bank organized in 1934.  The Bank is headquartered in Athens, Tennessee and provides financial services to individuals, families and businesses through its nine offices located in southeast Tennessee.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the federal securities laws.  Forward-looking statements are typically identified by words such as "believe," "plan," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "will," "should," "project," "goal," and other similar words and expressions. These forward-looking statements involve certain risks and uncertainties. The following factors among others, could cause actual results to differ materially from forward-looking statements or historical performance: ability to meet closing conditions to the proposed merger; and delay in closing the merger.  The Company undertakes no obligation to revise these forward-looking statements or to reflect events or circumstances after the date of this press release.

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SOURCE Athens Bancshares Corporation