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Thu, September 20, 2012 Fidelity Southern Corporation Announces Gain On Acquisition Of Security Exchange Bank
Fidelity Southern Corporation Announces Gain On Acquisition Of Security Exchange Bank -- ATLANTA, Sept. 20, 2012 /PRNewswire/ --
Fidelity Southern Corporation Announces Gain On Acquisition Of Security Exchange Bank
ATLANTA, Sept. 20, 2012 /PRNewswire/ -- Fidelity Southern Corporation (NASDAQ: [ LION ]) announced that it will realize a $4.0 million gain on the acquisition of Security Exchange Bank during the third quarter of 2012. The Company had previously disclosed in its Form 10-Q, filed with the Securities and Exchange Commission on August 14, 2012, that it expected to book a gain in the range of $2.0 million to $4.0 million on the acquisition.
Fidelity Southern Corporation, through its operating subsidiaries Fidelity Bank and LionMark Insurance Company, provides banking services and credit-related insurance products through 30 branches in Atlanta, Georgia, a branch in Jacksonville, Florida, and an insurance office in Atlanta, Georgia. SBA, indirect automobile, and mortgage loans are provided through employees located throughout the Southeast. For additional information about Fidelity's products and services, please visit the website at [ www.FidelitySouthern.com ].
Contact: | Martha Fleming, Steve Brolly |
Fidelity Southern Corporation | |
(404) 240-1504 |
SOURCE Fidelity Southern Corporation
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