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  • Pensacola Branch Announcement - FINAL

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    ServisFirst Bank announced plans to open a new location in Pensacola, Florida in September 2012. The bank purchased a former financial building to house the new location as it continues to experience steady growth across its regions. ServisFirst Bank surpassed $2.5 billion in assets with no brokered deposits and saw a 67% year-over-year growth in the first quarter of 2012, demonstrating the need for the additional Pensacola location.

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    ServisFirst Bank announced plans to open a new location in Pensacola, Florida in September 2012. The bank purchased a former financial building to house the new location as it continues to experience steady growth across its regions. ServisFirst Bank surpassed $2.5 billion in assets with no brokered deposits and saw a 67% year-over-year growth in the first quarter of 2012, demonstrating the need for the additional Pensacola location.

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    20 views1 page

    Pensacola Branch Announcement - FINAL

    Uploaded by

    Anonymous ZRsuuxNcC
    ServisFirst Bank announced plans to open a new location in Pensacola, Florida in September 2012. The bank purchased a former financial building to house the new location as it continues to experience steady growth across its regions. ServisFirst Bank surpassed $2.5 billion in assets with no brokered deposits and saw a 67% year-over-year growth in the first quarter of 2012, demonstrating the need for the additional Pensacola location.

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    FOR IMMEDIATE RELEASE May 15, 2012

    FOR INFORMATION CONTACT:


    Alexis Cain 205-949-3426

    SERVISFIRST BANK ANNOUNCES NEW PENSACOLA LOCATION Local Bank Expands Reach with New Location in Florida
    Birmingham, AL ServisFirst Bank is pleased to announce a new location for the Pensacola region after expanding into the Florida region 13 months ago. The bank recently purchased a former financial building on the corner of 12th Avenue and Summit Boulevard with plans to open in September 2012. ServisFirst Bank will bring in new employees to staff the bank, with an expected growth over the next year. ServisFirst Bank has experienced steady growth in all of our regions. We recently surpassed $2.5 billion in assets with no brokered deposits. The growth we are currently seeing facilitates the need for the additional location in Pensacola, states Tom Broughton, CEO and President of ServisFirst Bank. ServisFirst Bank Pensacola reached profitability after one year of operation in the market. Overall, the bank has shown 67% growth year/year for the 1st quarter of 2012, with its loan growth reaching $448 million, a 30% increase over the same period in 2011. For more information about ServisFirst Bank, please contact Alexis Cain at 205-949-3426. To learn more about ServisFirst Bank please visit us at www.servisfirstbank.com.

    ABOUT SERVISFIRST BANK


    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, and ServisFirst Bank Pensacola in April 2011. Recently, the bank announced its benchmark of success of accumulating over $2.5 billion in assets with no brokered deposits. The bank offers cash management products, online banking, home mortgage lending, correspondent banking, remote deposit express service and competitive rates. More information about ServisFirst Bank may be obtained at www.servisfirstbank.com.

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