ServisFirst Bank South Carolina Moves Headquarters to Historic Cigar Factory
Charleston, SC (March 14, 2016) – ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NASDAQ: SFBS), celebrates its one-year anniversary in the South Carolina region and the expansion of its headquarters into the historic Cigar Factory in Charleston, South Carolina. Overlooking the historic port and offering views of the harbor and city skyline, the Cigar Factory is a renovated mixed-use space offering retail, culinary, office, and event space.
In the first 12 months of operation, the Charleston area team originated more than $85 million in loan commitments. ServisFirst Bank occupies 3,262 square feet on the first floor for use as a full-service bank branch and 5,112 square feet on the fifth floor as corporate space. The two spaces currently house 17 employees, with room for expansion to over 30 employees. ServisFirst Bank officially moved into the space on February 1, 2016.
Brightlane Partners LLC served as an advisor to ServisFirst on its move into Charleston, as well as the regulatory applications specialists on its branch relocation into the historic Cigar Factory.
About Brightlane Partners, LLC
Brightlane Partners is a boutique, family-owned consulting and advisory firm headquartered in Atlanta, GA that specializes in working with community banks and financial service businesses to design and achieve strategic objectives. The principles of the company have over 40 years of experience in community bank transactions, including the formation of over 150 banks and advisement on over 100 mergers & acquisitions. It is the successor to T. Stephen Johnson & Associates, which served as one of the Southeast’s premier M&A advisory firms over the past two decades. Visit Brightlane.com for more information.
ABOUT SERVISFIRST BANK
ServisFirst is a full service commercial bank focused on commercial banking, correspondent banking, cash management, private banking and the professional consumer market, emphasizing competitive products, state of the art technology and a focus on quality service. Recently, the Bank announced its benchmark of success of accumulating over $5.1 billion in assets. The Bank offers sophisticated cash management products, Internet banking, home mortgage lending, remote deposit express banking, and highly competitive rates.
ServisFirst Bank was formed in Birmingham in May 2005, opened ServisFirst Bank Huntsville in August 2006, ServisFirst Bank Montgomery in June 2007, ServisFirst Bank Dothan in September 2008, Correspondent Banking Division in March 2011, ServisFirst Bank Pensacola in April 2011, ServisFirst Mobile in July 2012, ServisFirst Bank Nashville in June 2013, ServisFirst South Carolina in January 2015, ServisFirst Bank Atlanta in January 2015, and ServisFirst Bank Tampa Bay Region in January 2016. In April 2015, ServisFirst Bank earned investment-grade ratings and a stable outlook for the ratings by Kroll Bond Rating Agency (KBRA), which measures companies’ financial fundamentals. ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or www.servisfirstbancshares.com.
For more information about ServisFirst Bank, please visit www.ServisFirstBank.com.
Chris Johnson, 770-653-5136
Brightlane Partners LLC