Regulators green-light Atlantic Coast Bank acquisition

(Courtesy of Jacksonville Business News) The Federal Reserve Board approved Wednesday Ameris Bancorp's (Nasdaq: ABCB) $145 million acquisition of Atlantic Coast Financial Corporation, allowing Atlantic Coast Bank to be absorbed into Ameris Bank. The transaction, announced in November, added Atlantic Coast's $913.9 million in assets and 12 banking locations to Ameris, the 159th largest insured … Continue reading Regulators green-light Atlantic Coast Bank acquisition

First Tennessee acquisition will bring products, talent to Jax

(Courtesy of Jacksonville Business Journal) First Horizon National Corporation (NYSE: FHN), parent company of First Tennessee Bank, completed its acquisition of Capital Bank Financial Corp. (Nasdaq: CBF) Friday. First Horizon announced the $2.2 billion acquisition in May. The merger will give First Horizon approximately $40 billion in assets, $32 billion in deposits, $27 billion in … Continue reading First Tennessee acquisition will bring products, talent to Jax

It’s official: TIAA completes acquisition of EverBank

(Courtesy of Jacksonville Business Journal) TIAA notified the Securities and Exchange Commission on Friday that the acquisition of EverBank Financial Corp. and EverBank has been finalized. The filing comes after the Federal Reserve Board approved the transaction June 7.   The EverBank Center in Downtown Jacksonville. The New York-based financial services company, a leader in … Continue reading It’s official: TIAA completes acquisition of EverBank