Seaside: Georgia's United Community Banks expands into Florida with $180M deal

Georgia's United Community Banks Inc. is entering the Florida banking market with a deal to buy Florida's Seaside National Bank & Trust for $180 million. United Community Banks, which is based in Blairsville, Georgia, but has its headquarters in Greenville, South Carolina, said it will acquire Orlando-based Three Shores Bancorporation Inc. The deal will bring UCBI a network of 14 branches located in key Florida metro markets, including the Tampa Bay area. As of the end of 2019, Seaside reported...