ATLANTA, March 1, 2016 /PRNewswire/ -- Fidelity Southern
Corporation ("Fidelity," NASDAQ: LION), the holding company for
Fidelity Bank, announced the closing of its merger with American
Enterprise Bankshares, Inc. ("AEB"), the holding company for
American Enterprise Bank of Florida, effective today. Also on
March 1, American Enterprise Bank of
Florida merged into Fidelity
Bank. The merger continues Fidelity's expansion into the
Florida market.
Jim Miller, Fidelity's Chairman,
said, "Bennett Brown has built a
community bank culture very similar to ours which means our two
banks together will provide even better service for all our
customers."
AEB operates two branches. As of December
31, 2015, AEB reported approximately $200 million in assets, $160 million in loans, and $180 million in deposits.
ABOUT FIDELITY SOUTHERN CORPORATION
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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Contact:
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Martha Fleming, Steve
Brolly
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Fidelity Southern
Corporation
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(404)
240-1504
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SOURCE Fidelity Southern Corporation