Jump to content

Fidelity Southern Corporation

From Alfawiki
Fidelity Southern Corporation
Company typePublic
IndustryFinancial services
Founded1973
FateAcquired by Ameris Bancorp in July 2019
Headquarters
Atlanta, Georgia
,
United States
Area served
Atlanta metropolitan area, northern Florida
ProductsBanking, insurance, mortgage brokerage

Fidelity Southern Corporation was a financial holding company headquartered in Atlanta, Georgia, United States. It fully owned both Fidelity Bank and the LionMark Insurance Company. In July 2019, the corporation was acquired by Ameris Bancorp.

By 2014, Fidelity Southern reported total assets amounting to $3.1 billion, stockholders' equity of $265 million, deposits totaling $2.5 billion, and loans reaching $2.6 billion.

Fidelity Bank provided a variety of financial products and services to both retail and business customers, primarily serving the Atlanta metropolitan area and northern regions of Florida, including multiple loan offerings.

History

The company was founded in 1973 in DeKalb County, Georgia. Six years later, in 1979, Fidelity Southern Corporation established Fidelity National Mortgage Corporation.

In 1992, the firm expanded its operations by launching a brokerage company.

On October 31, 1994, Fidelity Southern began trading on the NASDAQ stock exchange under the symbol "LION."

Fidelity Bank's growth strategy included acquiring several banks: Decatur First Bank in 2011, Security Exchange Bank in 2012, The Bank of Georgia in 2015, and American Enterprise Bank in 2017.

The merger between Fidelity Bank and Ameris Bancorp was finalized in July 2019.

External links