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Cadence History

A growth-oriented regional bank founded in 2010 that remains as intent as ever on building long-lasting relationship with its customers.

Overview

Overview

Cadence Bank has built a reputation for superior customer service, support for community and a focus on business growth. Our strong growth trajectory serves as evidence of this winning formula.

Led by a board of directors who represent some of the best minds in banking, Cadence continues to find new ways to grow and respond to our customers’ ever-changing needs.

 

Cadence Bank Timeline

2010

Community Bancorp, LLC (n/k/a Cadence Bancorp, LLC), formed as a holding company intent on driving community and business growth. Board of Directors and management team formed.

2010

$1 billion in committed capital raised to invest in the U.S. banking industry from long-term investors consisting largely of university endowments and pension funds.

2011

Purchased Cadence Bank, a Starkville, Mississippi-based bank with $1.5 billion in assets and 38 branches.

2011

Acquired Birmingham, Alabama-based Superior Bank, a bank with $2.6 billion in assets and 73 branches, and rebranded the compamy as Cadence Bank.

2011

Added 16-person Commercial & Industrial team in Houston, Texas.

2011

Rebranded the company as Cadence Bank.

2011

Added Specialized Industries lending team including Healthcare and Restaurant.

2012

Purchased Encore Bank, a Houston, Texas, a bank with $1.6 billion in assets, 12 branches, and subsidiaries Linscomb & Williams, Encore Trust and Town and Country Insurance.

2012

Added commercial banking, business banking and treasury management to Tampa, Florida.

2014

Kroll Bond Rating Agency initiated coverage with first investment grade rating.

2014

Completed a $245 million debt issuance to support growth and a continued solid capital position.

2015

Completed a $50 million debt issuance to foster the continued growth and solid capital position of the company.

2017

Announced the launch of its initial public offering on the New York Stock Exchange under the symbol CADE.

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