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SouthState Bank, based in Winter Haven, Florida, is an American bank based in Florida and a subsidiary of SouthState Corporation, a bank holding company. As of December 31, 2018, the company had 168 branches in South Carolina, North Carolina, Georgia, Florida, Alabama and Virginia. [1] First National Bank began in Orangeburg, South Carolina in
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The late 1990s proved to be one of the most important times in SouthTrust's 118-year history. The bank had become one of the largest banks in the south. Birmingham had grown into the largest banking city in the south based on the number of top 50 US banks headquartered there, although not the largest by assets.
The South Financial Group was the parent company of Carolina First, with branch locations in North and South Carolina and Mercantile Bank, with branch locations in Florida. [ 2 ] The South Financial Group began posting heavy losses in 2008 and lost more than $1.7 billion before its sale in 2010 to TD Bank Financial Group of Toronto, Ontario ...
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Before the reorganization, BancorpSouth, Inc. was regulated by the Federal Reserve as a bank holding company. [10] In April 2018, the bank acquired Icon Capital Corporation and its wholly owned subsidiary Icon Bank of Texas, National Association of Houston, Texas, for 4,125,000 shares of BancorpSouth's common stock plus $17.5 million in cash. [11]
SouthTrust Bank, N. A. is a community bank founded in George West, Texas in 1934. The bank has seven branches and over $500 million in assets (as of December 31, 2023). [ 1 ] Originally known as First National Bank of George West, the bank rebranded in 2013 to SouthTrust Bank after acquiring the trademark rights to the name from Wells Fargo. [ 2 ]