News Topic: georgia

The North Carolina company's purchase of Chattahoochee Bank will add a branch and loan production office to its existing operations in northern Georgia. ... Read full article

The Georgia bank will pay $124 million for Four Oaks Fincorp, buying a bank with a large operation in Raleigh, N.C. ... Read full article

Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden. ... Read full article

AloStar, based in Birmingham, Ala., was formed following the 2011 failure of Nexity Bank. ... Read full article

More than half of the company's loans and deposits would be in the Atlanta area after it buys Resurgens Bancorp. ... Read full article

Joseph Evans will step down as CEO on June 1, though he will remain the company's chairman. Thomas Wiley, a longtime associate of Evans, is set to take the helm. ... Read full article

The Atlanta company's profits rose on stronger net interest income and investment banking income as well as a tax maneuver. ... Read full article

Jefferson Harralson, the Georgia company's new chief financial officer, had covered banks at Keefe, Bruyette & Woods for 15 years. ... Read full article

H. Palmer Proctor has been the Atlanta company's president since 2004. ... Read full article

The SEC is investigating the bank for selling clients mutual funds that charge marketing fees when other, cheaper funds were available. SunTrust expects an enforcement action. ... Read full article

Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased. ... Read full article