What was State Bank Financial's asset size?
State Bank Financial Corporation, a prominent bank holding company headquartered in Atlanta, Georgia, prior to its strategic merger with Cadence Bancorp, possessed total consolidated assets of approximately five billion U.S. dollars. The institution grew its asset size substantially through a combination of organic commercial banking expansion and strategic acquisitions of failed community banks assisted by the Federal Deposit Insurance Corporation during the post-crisis economic recovery period. This solid balance sheet scale and robust deposit base made it an attractive merger partner, ultimately culminating in a landmark transaction that integrated its banking network into a larger southern financial institution.
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