In Brief: Fidelity Southern Will Consider M&A

Fidelity Southern Corp. in Atlanta said in a regulatory filing Wednesday that it would consider a merger or acquisition in the near future.

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The $1.4 billion-asset Fidelity Southern has not made a whole-bank acquisition in its 31-year history. In 1996 it agreed to acquire the $25 million-asset Friendship Community Bank in Ocala, Fla., but the deal was called off at the last minute.

Fidelity Southern also said in the Securities and Exchange Commission filing that third-quarter earnings rose 16.8% from the same quarter last year, to $2.8 million.


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