Colonial BancGroup, Montgomery, Ala., said it has completed deals for three southeastern banks. The acquisitions increased the multibank holding company's total assets to more than $4.5 billion.

The three acquisitions are $232 million-asset Southern Bank of Central Florida, Orlando; $232 million-asset Commercial Bank of Georgia, Atlanta, and $64 million-asset Dothan (Ala.) Federal Savings Bank.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.