Hancock Holding Branches Out with Florida Acquisition

Summary


Gulfport, Miss.-based Hancock Holding Co. recently established a retail presence in Florida with the acquisition of Guaranty National Bank, a failed five-branch bank in Tallahassee, Fla.

Hancock bid $13.6 million for Guaranty's 6,689 accounts, which total $66.9 million in deposits. Guaranty's assets totaled approximately $71 million.

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Extract


Hancock Holding Branches Out with Florida Acquisition

The U.S. Office of the Comptroller of...

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