Hamilton State Bancshares, Inc. and Hamilton State Bank Complete Acquisition of Highland Commercial Bank

Hamilton State Bancshares, Inc. and Hamilton State Bank Complete Acquisition of Highland Commercial Bank

PR Newswire

HOSCHTON, Ga., Sept. 1, 2015 /PRNewswire/ — Hamilton State Bancshares, Inc. (“Hamilton“) and Hamilton State Bank have completed their acquisition of Highland Commercial Bank that was announced on May 15, 2015.

“We are a community bank that serves customers throughout Georgia and we look forward to working with our new customers from Highland Commercial Bank,” Hamilton State Bank Chairman and CEO Robert Oliver said. “The acquisition brings together two strong community banks that focus on serving our customers’ needs.”

Product and service enhancements will be introduced as Hamilton State Bank completes the systems conversion in November.

“Customers of both banks can expect the same high level of service they’ve always received,” Oliver said.

Highland Commercial Bank is the sixth bank acquisition for Hamilton State Bank in the last four years.

Hamilton State Bank is a full-service community bank that operates 28 branches in Barrow, Bartow, Butts, Cherokee, Cobb, Douglas, Hall, Henry, Forsyth, Jasper, Jackson and Paulding counties in Georgia. Led by an executive team with decades of community banking experience, Hamilton State Bank is a wholly-owned subsidiary of Hamilton. The company focuses on conservative and sound banking practices. Hamilton and Hamilton State Bank are among the highest capitalized banking companies in the State of Georgia. Hamilton State Bank now has approximately $1.8 billion in total assets and $1.5 billion in deposits. Hamilton has $271 million in total capital. To learn more about Hamilton State Bank visit www.hamiltonstatebank.com.

For more information, contact:
Bob Oliver
Chairman and CEO
Hamilton State Bank
770-868-2660
boboliver@hamiltonstatebank.com

Jeff Powell
CFO
Hamilton State Bank
770-868-2678
jeffpowell@hamiltonstatebank.com

Jeff Butler
Public Relations Account Executive
Morton Vardeman & Carlson
770-536-8921
jeff@vardeman.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hamilton-state-bancshares-inc-and-hamilton-state-bank-complete-acquisition-of-highland-commercial-bank-300135945.html

SOURCE Hamilton State Bancshares, Inc.

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