News Topic: georgia

Cadence has upped the exchange ratio by 10%, a move made necessary by the 40% decline in its stock price since the deal was announced in May. ... Read full article

The combination of CCF Holding, Heritage Bancorp. and Providence Bank will create a $1 billion-asset institution. Veteran bank investor Kenneth Lehman will be its chairman. ... Read full article

Colony will also gain a loan production office in Atlanta when the transaction closes. ... Read full article

Ameris has agreed to pay $751 million for Atlanta-based Fidelity; the combined company would have $16 billion in assets. ... Read full article

Morris State will pay $24 million for the parent of Farmers & Merchants Bank. ... Read full article

John Corbett has known the leaders of National Commerce since he helped launch CenterState in 1999. It’s a big reason CenterState is breaking from tradition to hire those executives once it buys the Alabama bank. ... Read full article

The Florida company will have more than $16 billion in assets, along with increased scale in Georgia, when it buys National Commerce. ... Read full article

The company is selling 14 branches, including several around Chattanooga, Tenn., and its mortgage business to FB Financial so it can focus on its Atlanta operations and national lending businesses. ... Read full article

Strong net interest income and other factors made up for a drop in investment banking and other noninterest income at the Atlanta bank, which reported double-digit earnings growth. ... Read full article

The CFPB's move is in line with the other banking regulators who have offices in Atlanta. ... Read full article

The company said the move should address investor concerns about potential margin compression, slower loan growth and an economic slowdown. ... Read full article

Larger community banks are favoring bigger targets — or relying more on organic growth — to expand. ... Read full article

One community bank decided it can build closer relationships with business clients by hosting events to help them learn how to fortify their cyberdefenses. ... Read full article

Ratings firms and mutual funds are seeing greater value in community banks because of their simplicity and local connections. ... Read full article

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank. ... Read full article

Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says. ... Read full article

The Mississippi company will also gain its first branches in southern Georgia as part of the $80 million deal. ... Read full article

The $2.9 billion deal is the Georgia company's first traditional whole-bank acquisition since 2006. It is also the year's second-biggest bank acquisition. ... Read full article