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Our History

A growth-oriented regional bank founded in 2009 that remains as intent as ever on building long-lasting relationships with its customers.

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

2009

Community Bancorp, LLC (later known as 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 company 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, 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

Cadence Bancorporation, the bank holding company of Cadence Bank, N.A., completed a $172.5 million initial public offering on the New York Stock Exchange under the symbol CADE.

2017

Completed a $240 million follow-on offering; Cadence Bancorp, LLC sold approximately 13.1% of Cadence Bancorporation’s outstanding Class A common stock.

2018

Completed a $230 million follow-on offering; Cadence Bancorp, LLC sold approximately 11.0% of Cadence Bancorporation’s outstanding Class A common stock.

2018

Entered into definitive merger agreement with Atlanta-based State Bank Financial Corporation, a holding company whose wholly-owned subsidiary, State Bank and Trust Company, has $4.9 billion in assets and 32 branches in Georgia.

2018

Completed a $580 million follow-on offering; Cadence Bancorp, LLC sold approximately 21.5% of Cadence Bancorporation’s outstanding Class A common stock.

2018

Completed a $355 million follow-on offering; Cadence Bancorp, LLC sold approximately 14.9% of Cadence Bancorporation’s outstanding Class A common stock.

2018

Completed a $333 million follow-on offering; Cadence Bancorp, LLC sold approximately 14.5% of Cadence Bancorporation’s outstanding Class A common stock.

2019

Acquired State Bank Financial Corporation and merged State Bank's wholly owned subsidiary, State Bank and Trust Company, into Cadence Bank, bringing a significant Georgia presence to Cadence Bank and an incredible combination of talents and resources. This merger includes AloStar, a division of Cadence Bank, N.A. and Altera Payroll & Insurance, a subsidiary of Cadence Bank, N.A.

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