ATLANTA, Nov. 6, 2014 /PRNewswire/ -- Fidelity Southern
Corporation ("Fidelity" or the "Company") (NASDAQ: LION), holding
company for Fidelity Bank (the "Bank"), today announced that the
Bank has agreed to acquire approximately $44
million in deposits and $7
million in loans from the St.
Augustine branch of Florida Capital Bank, N.A., which is
located at 3970 A1 A South St., St.
Augustine, Florida 32080.
The completion of the transaction is subject to customary
closing conditions, including receipt of all necessary regulatory
approvals, and is expected to be completed in the fourth quarter of
2014.
Fidelity Southern Corporation, through its operating
subsidiaries Fidelity Bank and LionMark Insurance Company, provides
banking and trust and wealth management services and credit-related
insurance products through branches in Georgia and Florida, and an insurance office in
Atlanta, Georgia. SBA,
indirect automobile, and mortgage loans are provided throughout the
South. For additional information about Fidelity's products
and services, please visit the website at
www.FidelitySouthern.com.
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Contacts:
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Martha Fleming, Steve
Brolly
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Fidelity Southern
Corporation (404) 240-1504
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SOURCE Fidelity Southern Corporation