Combined Company Positioned become a top Efficiency standard bank with roughly $34 Billion in Assets Serving 18 High development areas in six states that are southeastern

Merger produces the Largest that is 8th Bank within the Southeast

Economically Compelling Mix both for Businesses’ Investors

Combines Two Low-Cost Deposit Bases with Over One Million Customers and a Well Positioned Branch system from Florida through Virginia

WINTERTIME HAVEN, Fla. & COLUMBIA, S.C. –(BUSINESS WIRE)– CenterState Bank Corporation (NASDAQ: CSFL) (“CenterState”), the moms and dad business of CenterState Bank, and Southern State Corporation (NASDAQ: SSB) (“South State”), the moms and dad business of Southern State Bank, jointly established today they have entered in to a definitive contract under that the organizations will combine within an all-stock merger of equals with an overall total market value of around $6 billion to create a number one Southeastern-based bank that is regional.

(L-R) Robert R. Hill, Jr., Southern State Corporation CEO, and John C. Read more