FOR
IMMEDIATE
RELEASE:
January
9, 2009
Carl
Barker 334-652-1294
Krista
Conlin 205-251-2225
SERVISFIRST
BANK MONTGOMERY HITS $150 MILLION IN ASSETS
MONTGOMERY, AL - ServisFirst
Bank’s Montgomery office announced that it has now exceeded $150 million in
total assets with no brokered deposits; ServisFirst Montgomery opened in June
2007 and celebrates its accomplishment in record time.
“Our
bank’s success is due to the fact that it is a client-owned bank; our investors
are in turn business owners who not only have ownership in the bank, but who are
also committed to doing business with the bank and bringing business to the
bank,” says Carl Barker, CEO of ServisFirst Montgomery.
ServisFirst
– which also operates offices in Birmingham, Huntsville and Dothan – announced
in late 2008 that it had, as a whole, exceeded $1 billion in total
assets.
Led by
Birmingham banking veteran Tom Broughton, ServisFirst Bank opened in Birmingham
in 2005 with $35 million in capital. Its current $1 billion in total
assets represents a growth rate of more than 2700% since the company’s inception
only three years ago.
ABOUT SERVISFIRST:
ServisFirst
is a full service bank focused on commercial banking, private banking and the
professional consumer market, emphasizing competitive products, state of the art
technology and a focus on quality service. The bank offers sophisticated
cash management products, internet banking, home mortgage lending, remote
deposit express service and highly competitive rates.
ServisFirst Bank was formed in
Birmingham in May 2005, opened ServisFirst Bank Huntsville in August 2006,
ServisFirst Bank Montgomery in June 2007 and ServisFirst Bank Dothan in October
2008. More information about ServisFirst Bank may be obtained over the
internet at www.servisfirstbank.com.
