April 13, 2015
ServisFirst Bank, Pensacola Celebrates Four Years of Significant Growth
April anniversary represents long-term market success
Pensacola, FL -
ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NASDAQ:SFBS), celebrates the four- year anniversary of its Pensacola Bank. The Region is proud of its achievements since its inception in 2011, yielding significant growth and success. As of December 31, 2014, ServisFirst Bank Pensacola reached more than $249,000,000 in deposits, with loans exceeding $240,000,000. From December 31, 2011 to December 31, 2014, the Bank experienced a compounded annual growth rate of 42% in deposits and 45% in loans, respectively. Nearly all deposits and loans are locally originated.
“We are thrilled to celebrate such success in our first four years of operations,” said Rex McKinney, President & CEO of ServisFirst Bank Pensacola. “Our growth and success is a testament to our business model of providing superior service and products to the business community. We always have and will continue to put our customers first.”
For more information on ServisFirst Bank, please contact Krista Conlin at 205-937-3777.