Fidelity Southern Corporation, holding company for Fidelity Bank (the "Bank), announced the completion of the previously announced acquisition of the deposits of six branches of CenterState Bank ofFlorida, N.A. ("CenterState").  In connection with the acquisition, the Bank assumed approximately $174.2 million in deposits at a deposit premium of 1.5%.

Fidelity has been in Florida since 1992, and the transaction expands its presence in counties surrounding Jacksonville and Orlando.  Speaking about the transaction, Fidelity's President,Palmer Proctor, said, "We are pleased to close this transaction with CenterState and look forward to serving the needs of our newest Florida customers."