Cadence Bank
 | |
| Subsidiary | |
| Industry | Financial Services |
| Founded | 1889 |
| Headquarters |
Concord Center Birmingham, Alabama USA |
Key people |
Sam Tortorici, Chief Executive Officer Hank Holmes, President. |
| Products | Commercial Banking, Retail Banking, Mortgage Banking, Wealth Management, Insurance |
| Total assets |
 $7.9 billion (2014) |
Number of employees | 1,500 (2013) |
| Parent | Cadence Bancorp, LLC |
| Website | www.cadencebank.com |
Cadence Bank, N.A., headquartered in Birmingham, Alabama, is a leading regional bank with more than $7.9 billion in assets. An operating subsidiary of Houston-based Cadence Bancorp, LLC, Cadence Bank has a network of more than 80 branches in Alabama, Florida, Mississippi, Georgia, Tennessee and Texas.[1]
Cadence serves commercial, business and consumer clients with commercial and consumer banking, small business banking, treasury management, international banking, specialized industry lending, commercial real estate, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer loans, mortgages, home equity lines and loans, and credit cards.
Cadence Bank, Linscomb & Williams[2] and Cadence Insurance Agency[3] are wholly owned subsidiaries of Cadence Bancorp, LLC.
History
Cadence Bank was founded in 1889 in Starkville, Mississippi as Cadence Bank, N.A.and grew to $1.6 billion in assets, with 38 locations in Alabama, Florida, Georgia, Mississippi and Tennessee.
In March 2011 CBC acquired Cadence Bank, N.A. CBC purchased Birmingham-based Superior Bank in April 2011, with $3.4 billion in assets, 73 banking offices and 23 consumer finance offices in Alabama and Florida, from the FDIC.
In November 2011, CBC merged Superior Bank and Cadence Bank into Cadence Bank, N.A., a regional bank based in Birmingham; CBC adopted its new name, Cadence Bancorp, LLC, signifying the unity of one holding company, based in Houston, with one banking subsidiary under the Cadence brand.
Cadence Bank acquired Houston-based Encore Bancshares in July 2012 and became a regional bank with assets of more than $5.5 billion and a network of more than 100 branches in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas.