SouthTrust buying 3 Bank South offices.

ATLANTA - Bank South Corp. said it agreed to sell its three Columbus, Ga., offices and their $69 million in deposits to SouthTrust Corp. of Birmingham, Ala., subject to regulatory approvals.

Bank South, which has $4.6 billion in assets, said it prefers to emphasize markets in which it can be a leader. It ranks fifth in the Columbus market, with a 3.3% share of area deposits.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER