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.

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.