Fidelity Southern Corporation's Bank Subsidiary Agrees To Buy Deposits And Loans From Florida Capital Bank

ATLANTA, Nov. 6, 2014 /PRNewswire/ -- Fidelity Southern Corporation ("Fidelity" or the "Company") (NASDAQ: LION), holding company for Fidelity Bank (the "Bank"), today announced that the Bank has agreed to acquire approximately $44 million in deposits and $7 million in loans from the St. Augustine branch of Florida Capital Bank, N.A., which is located at 3970 A1 A South St., St. Augustine, Florida 32080.

The completion of the transaction is subject to customary closing conditions, including receipt of all necessary regulatory approvals, and is expected to be completed in the fourth quarter of 2014.

Fidelity Southern Corporation, through its operating subsidiaries Fidelity Bank and LionMark Insurance Company, provides banking and trust and wealth management services and credit-related insurance products through branches in Georgia and Florida, and an insurance office in Atlanta, Georgia.  SBA, indirect automobile, and mortgage loans are provided throughout the South.  For additional information about Fidelity's products and services, please visit the website at www.FidelitySouthern.com. 

SOURCE Fidelity Southern Corporation

Related Links

http://www.fidelitysouthern.com

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