-
State Bank Financial in Atlanta has lined up its next chief financial officer.
October 14 -
J. Thomas Wiley will become chief executive of the company's banking unit. The move could free up Joe Evans, the company's CEO, to focus on deploying capital, which could include more acquisitions.
November 13 -
State Bank Financial (STBZ) in Atlanta has agreed to buy Georgia-Carolina Bancshares (GECR) in Augusta, Ga. The $2.6 billion-asset State Bank will pay about $82 million, or $22.35 a share, in cash and stock.
June 24
State Bank Financial in Atlanta has acquired Boyett Agency to serve as the foundation for a new insurance division.
The $2.9 billion-asset company said in a press release Monday that the insurance division will offer personal and commercial products. State Bank did not disclose the price it paid for the agency.
"This acquisition delivers more than 40 top-rated carrier relationships to State Bank, providing the bank a solid opportunity to build deeper client relationships and continue to diversify the bank's income stream," Tom Wiley, State Bank's chief executive, said in the release.
The company said the deal is unlikely to influence its noninterest income in the near future.
