Mergers & Acquisitions

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Deal Overview

Buyer:
Fidelity Southern Corporation
Actual Acquirer:
Fidelity Bank
Target:
Branch assets and liabilities
Deal Type:
Bank & Thrift Branch
Seller:
CenterState Banks, Inc.
Agreement Date:
6/4/2014
Announcement Date:
6/5/2014
Number of Target Branches
5
Branch Locations
Jacksonville
FL
Lake Mary
FL
Orange City
FL
Ponte Vedra Beach
FL
Saint Augustine
FL
Winter Garden
FL
Franchise Premium ($ 000)
3,000
Tangible Book Premium/ Deposits (%)
1.50
Status:
Completed
Completion Date:
9/18/2014

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 200,000
Total Assets ($ 000) 197,000
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Troutman Sanders LLP
Seller Yes Smith Mackinnon PA