Growth strategies

The Georgia company will expand into central and southern Florida by buying the parent of Seaside National Bank & Trust.

State Farm struggled to make its bet on banking pay off and decided like other insurers to exit the business. U.S. Bancorp swooped in to add deposits and credit card accounts at little cost or risk.

The South Florida company said Alberto Peraza, who played a key role in its 2018 initial public offering, is leaving for personal reasons.

The company agreed to buy Advantage Community Bancshares weeks after announcing a deal for Commerce Financial.

Executives outlined changes in energy lending policies, said that the largest U.S. bank has only scratched the surface in middle-market credits and discussed their preparations in case of an economic slowdown.