Cadence Bank
 | |
| Subsidiary | |
| Industry | Financial Services |
| Founded | 1889 |
| Headquarters |
Concord Center Birmingham, Alabama USA |
Key people |
Paul B. Murphy, Jr. Chairman, Sam Tortorici, Chief Executive Officer Valerie Toalson, Chief Financial Officer, Hank Holmes, President. |
| Products | Commercial Banking, Middle-Market and Small Business Banking, Specialized Lending, Commercial Real Estate, International Banking, Treasury Management, Wealth Management, Investment and Trust Services, Retail Banking, Mortgage Banking, Insurance |
| Total assets |
 $8.2 billion |
Number of employees | 1,300 |
| Parent | Cadence Bancorp, LLC |
| Website | https://cadencebank.com |
Cadence Bank, N.A., based in Birmingham, Alabama, is an $8.2 billion regional bank with more than 70 branches in Alabama, Florida, Mississippi, Tennessee and Texas. The banks holding company, Cadence Bancorp, LLC, is headquartered in Houston, Texas.
Cadence serves commercial, business and consumer clients with commercial and business 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 banking, consumer loans and lines, mortgages, home equity lines and loans, and credit cards.
Cadence Bank, Linscomb & Williams,[1] Cadence Insurance[2] and Cadence Investment Services are direct or indirect subsidiaries of Cadence Bancorporation.
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. Furthermore, CBC adopted its new name, Cadence Bancorp, LLC, signifying the unity of one holding company with one banking subsidiary under the Cadence brand.
Cadence Bank acquired Houston-based Encore Bancshares in July 2012, expanding its footprint in Texas.