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The Savannah Bancorp, Inc. and SCBT Financial Corporation to Merge

SAVANNAH, Ga. and COLUMBIA, S.C., Aug. 8, 2012 (GLOBE NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) and SCBT Financial Corporation (Nasdaq:SCBT) jointly announced today the signing of a definitive merger agreement under which SCBT will acquire The Savannah Bancorp, Inc. for a total value of approximately $67.1 million.

SCBT Financial Corporation operates in South Carolina as SCBT; in North Carolina as NCBT, a division of SCBT, and in Georgia as Community Bank & Trust, a division of SCBT. Providing financial services for over 78 years, SCBT Financial Corporation operates 76 locations in 19 South Carolina counties, 10 north Georgia counties, and Mecklenburg County in North Carolina. SCBT Financial Corporation has assets of approximately $4.4 billion, is the largest publicly traded bank holding company in South Carolina and its stock is traded under the symbol SCBT in the NASDAQ Global Select Market.

"The Savannah Bancorp team has built a strong community bank with a great reputation and excellent market share. We have known and respected The Savannah Bancorp for quite some time and look forward to continuing their legacy of service to the community. The cultures of our two organizations are very similar and we believe this partnership is a great opportunity for the customers, employees and shareholders of both companies," said Robert R. Hill, Jr., president and CEO, SCBT Financial Corporation.  

Upon completion of the transaction, the combined company will have approximately $5.3 billion in total assets, $4.5 billion in total deposits, $3.8 billion in total loans, and a network of 87 branches in the Carolinas and Georgia. The two companies currently serve four common counties in South Carolina and Georgia, where, on a pro forma basis, the combined company will have $1.2 billion in deposits earning it the #3 ranking in market share (source: SNL Financial). Minis & Co., Inc., combined with SCBT's existing Wealth Management Group, will have total assets under management of approximately $1.6 billion.   

"We are pleased and excited to be joining forces with such a high-performing and well capitalized banking company.  We believe this combination will be a win-win for our respective shareholders, and will enable our talented staff to continue to focus on what they do best ~ serving our communities," said J. Curtis Lewis, III, Chairman of the Board of The Savannah Bancorp, Inc.

"We have respected SCBT as a competitor and peer for many years and have admired their ability to be successful throughout this economic downturn," said John C. Helmken, II, president and CEO of The Savannah Bancorp, Inc. "Now we bring that same admiration and respect to a partnership which joins two like-minded management teams and cultures together. We believe this synergy of similar values toward employees, customers, communities and shareholders aligns so well that our two companies combined are more powerful as one." 

The merger agreement has been unanimously approved by the board of directors of each company. The transaction is expected to close in the fourth quarter of 2012 and is subject to customary conditions, including approval by both SCBT and SAVB shareholders.  At closing, The Savannah Bancorp will be merged into SCBT Financial Corporation. 

Under the terms of the agreement, shareholders of The Savannah Bancorp, Inc. will receive 0.2503 shares of SCBT common stock for each share of SAVB common stock. The stock issuance is valued at approximately $67.1 million in the aggregate, based on 7,199,237 shares of SAVB common stock outstanding and on SCBT's August 7, 2012 closing stock price of $37.21.

Keefe, Bruyette & Woods, Inc. served as financial advisor and Wachtell, Lipton, Rosen & Katz provided legal counsel to SCBT Financial Corporation. SunTrust Robinson Humphrey served as financial advisor, and FIG Partners, LLC rendered a fairness opinion, to The Savannah Bancorp, Inc. Sandler O'Neill & Partners, L.P. also assisted The Savannah Bancorp, Inc. with the transaction. Alston & Bird LLP and Ellis, Painter, Ratterree & Adams LLP served as legal counsel to The Savannah Bancorp, Inc.

Webcast

SCBT Financial Corporation and The Savannah Bancorp, Inc. will host a conference call this afternoon at 1:00 p.m. EDT. The conference call can be accessed by dialing (866) 328-3013 or (914) 495-8535 for international participants. The conference ID number is 17977117. The link to the webcast can be found on www.SCBTonline.com under Investor Relations.  A replay will be available from 3:00 p.m. Eastern Time on August 8, 2012 until 11:59 p.m. on August 17, 2012. To listen to the replay, dial (855) 859-2056 or (404) 537-3406. The pass code is 17977117. The event and slide presentation will also be archived and available beginning August 9, 2012 by midnight Eastern Time in the Investor Relations section of www.SCBTonline.com. 

SCBT will file a registration statement and other relevant documents concerning the transaction with the Securities and Exchange Commission and appropriate state and federal banking authorities as soon as is practical. SAVB and SCBT will prepare a joint proxy statement and other relevant documents concerning the proposed transaction for their respective shareholders. SAVB and SCBT shareholders are urged to read such proxy and registration statements regarding the proposed transaction as they become available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents because these will contain important information. You will be able to obtain a free copy of the registration statement, as well as other filings containing information about The Savannah Bancorp, Inc. and SCBT Financial Corporation, at the SEC's internet site (http://www.sec.gov). The documents can also be obtained, without charge, by directing a written request to either The Savannah Bancorp, Inc., Post Office Box 188, Savannah, GA 31401, Attention: Michael W. Harden, Jr., Chief Financial Officer or SCBT Financial Corporation, Post Office Box 1030, Columbia, SC 29202, Attention: Richard C. Mathis, Executive Vice President and Treasurer.

SAVB, SCBT and their respective directors and executive officers may be deemed capital one apply for loan be participants in the solicitation of proxies from the shareholders of SAVB and SCBT in connection with the merger. Information about the directors and executive officers of The Savannah Bancorp, Inc. and their ownership of SAVB common stock is set forth in SAVB's most recent proxy statement as filed with the SEC, which is available at the SEC's Internet site (http://www.sec.gov) and at The Savannah Bancorp's address in the preceding paragraph. Information about the directors and executive officers of SCBT Financial Corporation and their ownership of SCBT common stock is set forth in SCBT's most recent proxy statement filed with the SEC and available at the SEC's internet site and from SCBT at the address set forth in the preceding paragraph. Additional information regarding the interests of these participants may be obtained by reading the proxy statement/prospectus regarding the proposed transaction when it becomes available. 

The Savannah Bancorp, Inc.

The Savannah Bancorp, Inc., a bank holding company for The Savannah Bank, N.A., Bryan Bank & Trust, and Minis & Co., Inc., is headquartered in Savannah, Georgia and began operations in 1990.  The Company has eleven branches in Coastal Georgia and South Carolina. Its primary businesses include loan, deposit, trust, asset management, and mortgage origination services provided to local customers.

SCBT Financial Corporation

SCBT Financial Corporation, Columbia, South Carolina is a registered bank holding company incorporated under the laws of South Carolina. The Company operates in South Carolina as SCBT; in North Carolina as NCBT, a division of SCBT, and in Georgia as Community Bank & Trust, a division of SCBT. Providing financial services for over 78 years, SCBT Financial Corporation operates 76 locations in 19 South Carolina counties, 10 north Georgia counties, and Mecklenburg County in North Carolina. SCBT Financial Corporation has assets of approximately $4.4 billion, is the largest publicly traded bank holding company in South Carolina and its stock is traded under the symbol SCBT in the NASDAQ Global Select Market. More information can be found at www.SCBTonline.com. 

Cautionary Statement Regarding Forward-Looking Statements

Statements included in this press release which are not historical in nature are intended to be, and are hereby identified as, forward-looking statements for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934. The Savannah Bancorp, Inc. cautions readers that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from forecasted results.


Contact Data

Источник: https://www.globenewswire.com/en/news-release/2012/08/08/276003/7104/en/The-Savannah-Bancorp-Inc-and-SCBT-Financial-Corporation-to-Merge.html

South State Bank—new name for SCBT, NCBT, Community Bank & Trust, and The Savannah Bank

The old name comes down.

The old name comes down.

On June 30, SCBT unveiled new signs and began operating as South State Bank, bringing four of its five bank brands under one unified name.

The bank did business as SCBT in South Carolina, as NCBT in North Carolina, as Community Bank & Trust in North Georgia, and as The Savannah Bank in Savannah, Ga. The bank’s fifth brand, First Federal, located in coastal S. C. and Wilmington, N.C., will be branded as South State Bank on July 21.

“Our team is excited about our next step together under a common brand,” said Robert R. Hill Jr., South State Bank CEO. “Our customers will have significantly expanded convenience while retaining the relationship banking culture that our company has been known for since 1934.”

Customers will now have access to 135 banking locations in three states: North Carolina, South Carolina, and Georgia.

The bank also launched its new website, SouthStateBank.com, and expanded its social media presence on Instagram, Twitter, and LinkedIn.

The new name goes up.

The new name goes up.

Last week, the company announced the new holding company name, South State Corporation, and the new stock ticker symbol, SSB, which will continue to be listed on the NASDAQ Global Select Market.

South State Corporation, ( NASDAQ: SSB) Columbia, South Carolina, is a registered bank holding company incorporated under the laws of South Carolina. The Bank also operates Minis & Co., Inc. and First Southeast 401k Fiduciaries, both registered investment advisors; and First Southeast Investor Services, a wholly owned broker dealer.

Providing financial services for over 80 years, South State Corporation operates locations in 19 South Carolina counties, my comenity ulta Georgia counties and four North Carolina counties. South State Corporation has assets of approximately $8 billion and its stock is traded under the symbol SSB in the NASDAQ Global Select Market. Please visit www.South- StateBank.com for more information.

Источник: https://www.thecolumbiastar.com/articles/south-state-bank-new-name-for-scbt-ncbt-community-bank-trust-and-the-savannah-bank/

SCBT: In The News

Readers Choice 2020: Santa Cruz Sentinel Oct 22, 2020

Santa Cruz Ballet Theatre keeps ’Nutcracker’ tradition alive with ‘Clara’s Dream’

Press Releases

MEDIA CONTACT

For general press inquiries or corresponding press release images, please contact the SCBT Office by phone at 831-477-1606 or by email to

Sandra Nelson: [email protected]

Marketing Committee: [email protected]

Источник: http://www.scbt.org/about-santa-cruz-ballet-theatre/press-center/

SCBT Financial Corporation to Announce Fourth Scbt locations Financial Results and Host Conference Call on January 31, 2013

COLUMBIA, S.C.--(BUSINESS WIRE)-- SCBT Financial Corporation (NAS: SCBT) will announce fourth quarter financial results in a news release prior to the market opening on January 31, 2013 followed by a conference call at 11 a.m. Eastern Time where management will review earnings and performance trends.

SCBT Financial Corporation plans to make the news release and related financial information available on the Investor Relations section of www.SCBTonline.com by 11:00 a.m. Eastern Time on January 31, 2013.

Conference Call Information:

Callers wishing to participate may call toll-free by dialing (866) 652-5200. The number for international participants is (412) 317-6060. The conference ID number is 10021959. To expedite access, please state your name and your company name when you reach an operator.

Participants can also listen to the live audio webcast through the Investor Relations section of www.SCBTonline.com. A replay will be available from 2 p.m. Eastern Time on January 31 until 9 a.m. on February 15. To listen to the replay, dial (877) 344-7529 or (412) 317-0088. The passcode is 10021959. The event will also be archived and available beginning February 1 by midnight Eastern Time in the Investor Relations section of www.SCBTonline.com.

About SCBT Financial Corporation

SCBT Financial Corporation, Columbia, South Carolina, is a registered bank holding company incorporated under the laws of South Carolina. The Company consists of SCBT, the largest publicly traded bank holding company headquartered in South Carolina; NCBT, a division of SCBT, Community Bank & Trust, a division of SCBT; The Savannah Bank, a division of SCBT; and Bryan Bank & Trust, a division td bank routing number washington dc SCBT. Providing financial services for over 78 years, SCBT operates 86 locations in 19 South Carolina counties, 10 North Georgia counties, 2 Coastal Georgia counties and Mecklenburg County in North Carolina. SCBT Financial Corporation has assets of approximately $5.2 billion and its stock is traded under the symbol SCBT on the NASDAQ Global Select Market. More information can be found at www.SCBTonline.com.

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Источник: https://finance.yahoo.com/news/2012-12-28-scbt-financial-corporation-to-announce-fourth-quar.html

Mni152 template download

mni152 template download FLIRT is an example of a software that performs linear registration, meaning that it will translate, rotate, zoom and shear one image to match it with another. By concatenating the three transformations (Figure 3 a–c) for each subject, a mapping between MNI152 and fsaverage coordinate systems for each GSP training If you do not have VirtualBox installed yet, visit the VirtualBox download page and get an installer for your system (installers for Windows, Linux, Mac and Solaris are available). NeuroImage, 2014. Optimizing full-brain coverage in human brain MRI through population distributions of brain size. Refer to www m goal com arsenal fc ANTs website for more information (or type “ANTS -h”). Copy link Link copied. 8. fsl-mni152-templates – MNI152 stereotaxic brain templates for FSL MNI152 Template. Read more. -surf_X: Name of input surface X where X is a character. Once this is done, the coordinates of a voxel are in the same space as the template and can be used to cassidy fuck its brain location using brain atlases based on that same template. We also updated the masks in GingerALE to match this revised template. See more University of Copenhagen Nørregade td bank locations in philadelphia First, the MNI152 template was generated using 152 young Caucasian healthy subjects, which is currently used as an international standard brain template in the SPM imaging package unadjusted for age. We scbt locations 30 subjects from LONI LPBA40 dataset as the training data, and image pairs can be derived. A non-linear registration was calculated from the anatomical to the MNI152 template, which was subsequently combined with the fMRI-Anatomical transform to create a transformation from EPI to MNI space. Even this is specified, the resampling is still only one step to escape over-resampling or over-smoothing May 31, 2019 · Download Source. Additionally, we also found that more significant Jun 29, 2015 · 7T BOLD fMRI group template (all phase 1 data) Average head and skull-stripped image Affine transformation to/from MNI152 (FLIRT) Template transformed and re-sliced into MNI152 (1mm) MNI152 template from FSL in group template space Template generation overlap stats, aligned samples Per-subject template alignment quality control files Use the fnirt command line tool, specifying the affine matrix (--aff) and the configuration file (--config=T1_2_MNI152_2mm usually) Check outputs: Load registration output over the standard brain or study template in FSLView. gz: T1-w MNI Template, 1mm, skull stripped: readMNI("Brain") MNI ICBM152 non-linear 6th generation symmetric Average Brain Stereotaxic Registration Model. 3 and Table 1we can observe that the MSE values with our normalized image are smallest among the four sets of MSE values, which validates that our histogram Apr 23, 2021 · All images were preprocessed by using a standard pipeline, including skull stripping, resampling, and affine registration to the MNI152 template by using FLIRT. W. To run for multiple separate scbt locations on a single image image (e. Finally, the individual’s DARTEL flow field and template transformation were applied without modulation, resulting in 18 F-AV-45 images in MNI152 space. The original tracks has a much high resolution, and the conversion to a voxel mask loses a substantial amount of spatial information. Feb 24, 2017 · The chosen target was the FMRIB58_FA standard-space FA template, generated by averaging 58 FA images from diffusion MRI data, in MNI152 space. nii 2. 0-18. Subsequently, a nonlinear trans-formation using FNIRT [57] was applied. 5BEDPOST (optional) FSL BEDPOSTX performs Markov Chain Monte Carlo scbt locations to build up distributions on diffusion parameters at each voxel. gls’ script onto MRIcroGL. The resulting images were averaged to create a study-specific template, to which the native gray Please cite the FieldTrip Reference Paper when you have used FieldTrip for data analysis in your study. zip Download: The latest MNI152 template from 2009. All the 180 slices in the MNI152 are reconstructed in RelaxoPhantom, which gives a three-dimensional brain relaxometry simulation. Additionally, we also found that more significant Jun 29, 2015 · 7T BOLD fMRI group template (all phase 1 data) Average head and skull-stripped image Affine transformation to/from MNI152 (FLIRT) Template transformed and re-sliced into MNI152 (1mm) MNI152 template from FSL in group template space Template generation overlap stats, aligned samples Per-subject template alignment quality control files Aug 04, 2009 · (Right column of each pair) Corresponding network from BrainMap, shown superimposed on the MNI152 standard space template image. Functional connectivity analyses were performed in the native space. First we load the required datasets using the nilearn datasets module. 1) Skull-stripping now additionally uses SPM12 segmentations by default: The default gcut approach in CAT12. Dec 18, 2015 · After comparing the image registration to the Chinese template (Chinese2020 and SCBT-30) and to the MNI152 template, it was found that more deformations were required in brain shape and size to The same MNI152 template with 40mL lesion load simulated lesions (axial orientation) T1 weighted MRI brain in sagittal orientation (provided by the ICBM-MNI152 non linear brain template) The same MNI152 template with 40mL lesion load simulated lesions (sagittal orientation) Data used or generated by the Mindboggle software. 0001) with respect to FSL. mni. After downloading the software, simply extract it to your computer. First, the structural images were aligned to MNI152 volumetric template using volumetric nonlinear registration provided by the Advanced Normalization Tools (ANTs) (Avants et al. 2009). The only mandatory preprocessing step is that the data from different subjects must be spatially normalized to a template space (e. We are taking the mean image and directly registering it to the MNI template (T1-weighted), and applying that transform to the other. 3 and Table 1. The procedure involved multiple iterations of a process where, at each iteration, individual native MRIs were non-linearly fitted to the average template from the previous iteration, beginning with the MNI152 linear template. Open fsleyes, and load an MNI template. The MSEs between all the registered images and the reference images are shown in Fig. The Brainnetome atlas is an in vivo map based on fMRI and dMRI, with more fine-grained functional brain subregions and detailed anatomical and functional connection patterns for each area. to define nodes) into native T1w anatomical space. Place the ant_reg2. Adjust the settings so that the standard Ortho view window shows only the MNI152 template image, and the Lightbox shows only the white matter prior. 6. Sep 22, 2013 · The preferred choice for this is the MNI152 template image that is based on T1-weighted MR images. gz: T1-w MNI Template, 1mm, skull stripped: readMNI("Brain") MNI152 standard-space T1-weighted average structural template image. 112RM-SL template images for neuroimaging in rhesus macaque (Macaca mulatta) SPM8 SPM5. Moreover, using the MNI152 T1 template as the target of registration resulted in lower reproducibility errors for MD (p<0. Since the MNI152 template is larger than the average brain, brains normalized by SPM are smaller than the MNI152 template. The input data should be a preprocessed, and in the same space (e. Sometimes the differences between subjects are such that the linear Sep 13, 2021 · Download file PDF. The Spec file should be located in the directory containing the surfaces. But if you describe more of what you actually want to do with this then perhaps we can suggest other approaches. Then, a mean FA image is created, averaging all the FA maps in the Jul 30, 2012 · 13. In the fields under the label “Coordinates: MNI152” in the Location window, type 0 20 44. tlrc file highest credit limit for victoria secret the AFNI viewer and overlay it on the template “MNI152_2009_template. See -vol option below. Atlases. FDG-PET template MNI152 1mm. Fox KCR, Spreng RN, Ellamil M, Andrews-Hanna JR, Christoff K. resample_img could also be used to achieve this. Sep 18, 2013 · epitpl = '' #if not specified, use t1 arvest 24 hour customer service to generate a EPI template dxyz = '' #if specified, will make the generated EPI template match this voxel size. The scale is given in mm. The first image is fixed (a template or an image you want to register another on to), the second image is the one you are manipulating, -o specifies your output and all the rest can be modified as needed. 5-mm template in the radiological convention (right-left). ca/?page_id=714 Aug 19, 2021 · Template anatomical atlases and parcellation schemes. 1) Fine-grained brain sub-regions: Brainnetome atlas based on connectivity architecture has not only Here, we will spatially normalize the fMRI to the MNI template using spm12_normalize. Jan 13, 2021 · In the QC Interface, some of the template underlays would default to the MNI152 template, even if the pipeline was configured to use a custom template. Standard Brain only Template (functional resolution) - [path]: Standard FSL Skull Stripped Template. Data used or generated by the Mindboggle software. The native gray matter images were then Dec 16, 2019 · A study-specific template was then derived by registering each individual’s FA image to all other FA images (i. 01, corrected for multiple comparisons) between contrasted conditions occurred, were located in the MNI152 brain. See tutorial: Group analysis: Subjects coregistration. A recent review of brain templates and atlases is presented in Brain templates and atlases (2012) in NeuroImage. Summary: T1-weighted MRI template based on 112 adult Macaca mulattas (30 females), tissue priors, and T2-weighted MRI template (9 monkeys) aligned to Saleem and Logothetis Atlas (2006). Read file. A threshold of 0. Load and work with a Dataset Template space: mni152_2mm Statistical images are not stored internally - The data is inhomogeneity-corrected, affine-registered to the MNI152 template (Evans et al. space (MNI152 brain template, voxel size: 2mm3 [21]. Instead of the MNI ICBM152 brain, you can use the FreeSurfer average subject "FSAverage" scbt locations your default anatomy in Brainstorm. ANTs-based coregistration and normalisation citizen registration login. Normalized individual skull stripped brain according to MNI152 standard template (MNI152_T1_2mm_brain) with linear affine and followed by the nonlinear warp scbt locations FLIRT and FNIRT in FSL. NlinAsym09c. The main features of Brainnetome atlas are: in vivo, more fine-grained parcels and with connections. Participants were required to walk at their comfortable speed (labeled as normal walking (NW)) on a sensorized mat (GAITRite®) for 1 minute. Second, the Chinese 2020 template was created using 2,020 Chinese healthy subjects. 5 y. Here we give as inputs the image filename and the smoothing value in mm. For group analysis duck nc boat rentals the source level: an intermediate step of projection scbt locations an anatomy template is necessary. anat:: The T1w can be preprocessed using any method, but should be in its native scanner anatomical space. How to obtain the atlas: The atlas comes preinstalled within Lead-DBS. 4T1w-T1w template (MNI152_1mm and MNI152NLin2009cAsym) registration 2. And the length and height are widened to 128 × 128. The arrow points to a The demarcated labels on the template are then resampled through the warp transform to the subject MRI. Spatially unbiased infratentorial and cerebellar template (SUIT) The FLIRT and FNIRT versions are already included in current distributions of FSL. 0001), whereas the FMRIB58 FA template performed better for FA (p<0. I'd look into this to see if it can do what you want. From Fig. Click here to download the full example code. 7mm) 0. The anatomical-to-template transforms were calculated using a two step procedure that involves (one or more) linear transform that is later refined with a very high which will load the all the surfaces from template MNI_N27 at the original FreeSurfer mesh density. 2011, Article ID 156869, 9 pages, 2011. Article Google Scholar 110. from A to Z. Gait Evaluation. BSMac will automatically create four folders to save the necessary les for running Scbt locations Is the input data already brain extracted? This information is only used for MNI152 template, where it helps to the registration process. Manual Computational Anatomy Toolbox - CAT12 Quick Start Guide 2 Version Information 4 Introduction and Overview 10 Getting Started 10 Download and Installation 10 Registration algorithms can be divided into linear and non-linear depending on the type of deformations they permit. 3: Oct 3, 2013, 3:26 AM: Cartool Software FBMLab File Description Reader; MNI152_TI_1mm. py, please see @SSwarper’s helpfile. For this reason, I would suggest you use a template generated by SPM - either create one from your population or use the MNI152 template that is shrunken using SPM12's normalization. sh relies on FSL. Usually conducted within the Registration tab of the FDT GUI. the MNI152 coordinates (in conjunction with the anatomical annotations) to determine if a specific sample was contained in a Scbt locations cortical region. mni152 template download

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Источник: http://hncinc.org/3tj9v/mni152-template-download.html

First Federal and SCBT banks were closed for Presidents Day on Monday, but that didn't stop hundreds of their employees from Charleston and elsewhere from spending the day together in Columbia.

The purpose was the unveiling of a new corporate identity for owner First Financial Holdings Inc. and its five lending businesses.

Come this summer, the banks will share one name at their more than 120 branches: South State Bank. The change is scheduled to take effect in June and July, when the banks transfer to the same technology backbone.

At First Federal, the switch will spell the end of a household brand that goes back to its opening in downtown Charleston nearly 80 years ago.

It also reflects the newly unified bank's plan to grow into a regional lending juggernaut in South Carolina and beyond.

"Now we're bringing these five brands together into one name, and it really positions us as the premier regional bank in the Southeast," First Financial Holdings CEO Robert R. Hill Jr. said.

The parent company, to closest walgreens or walmart renamed South State Corp., is investing about $20 million in capital improvements as it integrates the lending units. They include NCBT of Charlotte, Community Bank & Trust of Cornelia, Ga., and The Savannah Bank of coastal Georgia.

"The name change is obviously an external sign of that, but we have a lot of internal things going on as well," Hill said.

For instance, First Financial Holdings is spending $3.5 million to improve its entire network of automated teller machines.

"We're also upgrading a number of branches and spending significantly on technology upgrades," Hill said.

Locally, the company also is making improvements at the First Federal Corporate Center on Mall Drive in North Charleston, where all mortgage-related functions and other back-office operations are now handled.

"Mall Drive will continue to be our scbt locations center for the entire company," Hill said.

While 20 overlapping branches will be closed this year, including five in the local area, Hill stressed that Charleston will remain a growth hub for South State.

"Charleston today, if you look at it, is the most significant market we operate in," he said. "We have more branches, more employees - 656 - and more customers than in any other market we serve."

First Financial Holdings started as the owner of First Federal, the scbt locations and oldest bank based in the region. In a surprise move, Columbia-based SCBT Financial Corp. announced a deal to buy its Charleston rival a year ago to help accelerate growth, cut $40 million in costs and expand its Southeast footprint.

The deal captain america civil war gif together two community banks that opened their doors months apart amid the Great Depression in 1934, when SCBT opened in Orangeburg and First Federal set up shop on Broad Street.

Last year's buyout paired SCBT's operations in the Midlands and along the Interstate 85 business corridor with First Federal's large coastal franchise. SCBT Financial adopted the First Suntrust locations and hours of operation Holdings name when the $447 million sale closed in July.

Under Hill, SCBT became known as an expansion-driven, opportunistic buyer that has expanded its reach into North Carolina and Georgia in recent years, while many of it competitors were reeling from the last recession. Its loans and other assets have quadrupled to about $8 billion since 2009, making it the largest publicly traded bank headquartered in South Carolina.

Hill sees more room to run as the number of small or weakened lenders seek out stronger, complementary buyers. The Citadel graduate envisions the new South State nearly doubling in size to about $15 billion in assets before the end of the decade, primarily through mergers and acquisitions.

"Because we're so much larger than the small banks but still a lot smaller than the larger national-type banks, it puts us in a position to be a consolidator of choice in the Southeast," Hill said. "We're building that platform today to carry us into the future."

North Carolina, in particular, is a state where carroll baker how the west was won have more building to do," he said.

Hill doesn't expect to announce any new buyouts this year, saying he wants to make sure the Current home interest loan rates State transition goes smoothly.

"This is too important for us not to execute well," he said.

Most employees learned about the new name at a meeting in downtown Columbia. Chartered buses transported about 400 local First Federal and SCBT staffers from Mall Drive to the Midlands early Monday.

Corey Spann of North Charleston didn't have a strong opinion about the new moniker after learning about it around mid-afternoon.

"I will probably investigate it a little bit to find out if it's just a name change or if they're going to change scbt locations policies too," Spann said outside the First Federal branch on Ashley Avenue in Charleston. "First Federal is my back-up account now, so I'll have to see if they're going to benefit me or fit my lifestyle any better or not."

Abigail Darlington contributed to this report. Reach John McDermott at 937-5572.

Our twice-weekly newsletter features all the business stories shaping Charleston and South Carolina. Get ahead with us - it's free.

Источник: https://www.postandcourier.com/content/tncms/live/

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