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SouthPoint Bancshares, Inc. (“SouthPoint”), the parent company of SouthPoint Bank, has completed its merger with Merchants Financial Services, Inc. (“Merchants”), parent of Merchants Bank of Alabama, with SouthPoint being the surviving entity. Merchants B...
SouthPoint Bancshares, Inc. (SOUB), the parent company of SouthPoint Bank, announced the bank’s second quarter earnings. The bank incurred a net income of $8,325,994, or $4.12 per share, for the third quarter year-to-date ended September 30, 2021, as compared to a net income of $...
SouthPoint Bancshares, Inc. (“SouthPoint”), the parent company of SouthPoint Bank, and Merchants Financial Services, Inc. (“Merchants”), parent of Merchants Bank of Alabama, jointly announced today the execution of a definitive merger agreement under which Me...