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Combined Company Positioned become a higher Efficiency standard bank with roughly $34 Billion in Assets Serving 18 High development Markets in six states that are southeastern

Merger Creates the 8th Largest Bank Headquartered within the Southeast

Economically Combination that is compelling for Businesses’ Shareholders

Combines Two Low-Cost Deposit Bases with Over One Million Customers and a Well placed Branch system from Florida through Virginia

COLD WEATHER HAVEN, Fla. & COLUMBIA, S.C. –(COMPANY WIRE)– CenterState Bank Corporation (NASDAQ: CSFL) (“CenterState”), the moms and dad company of CenterState Bank cash store review, and Southern State Corporation (NASDAQ: SSB) (“South State”), the parent business of Southern State Bank, jointly established today they have entered in to a definitive contract under that your organizations will combine in a all-stock merger of equals with an overall total market value of about $6 billion to create a number one Southeastern-based bank that is regional.

(L-R) Robert R. Read the rest of this entry »