Fidelity Southern Buying Eight Florida Branches

M&A

Fidelity Southern Buying Loans, Deposits in Northeast Florida

Fidelity Southern in Atlanta has agreed to buy deposits and loans from Florida Capital Bank.

By Paul Davis

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M&A

Fidelity Southern in Atlanta Buying Five Florida Branches

Fidelity Southern (LION) in Atlanta said Thursday that it is buying five branches and roughly $200 million of deposits from CenterState Bank of Florida (CSFL).

By Evan Nemeroff

June 5
Community banking

First Bank in Missouri Creates Chief Administrative Officer Post

The $5.8 billion-asset company said in a press release Wednesday that Shelley Seifert would fill the newly created role.

By Kristin Broughton

November 12

Fidelity Southern in Atlanta has agreed to buy the Florida branch network of First Banks Inc. of Clayton, Mo.

The $3.2 billion-asset Fidelity said in a press release Wednesday that it will buy eight branches, about $154 million in deposits and $32 million in loans and other assets. Fidelity will pay a 1% premium for the deposits.

The branches are located in the Sarasota area, specifically in Bradenton, Longboat Key and Palmetto. Fidelity and the $6 billion-asset First Banks expect to complete the deal in the third quarter.

Fidelity Southern has been expanding in Florida. It recently agreed to buy loans and deposits from Florida Capital Bank. Last June, it bought five Florida branches from CenterState Bank.

Andy Peters

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