Fidelity Southern (LION) in Atlanta said Thursday that it is buying five branches and roughly $200 million of deposits from CenterState Bank of Florida (CSFL).

The $3 billon-asset CenterState, based in Davenport, is inheriting the branches as part of its $190 million acquisition of First Southern Bancorp in Boca Raton, Fla. That deal, announced in January, is expected to close next quarter.

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