Overview
Customer Cussons Limited has built a reputation for superior customer service, support for community and a focus on business growth. Our strong growth trajectory serves as evidence of this winning formula.
Led by a board of directors who represent some of the best minds in banking,Customer Cussons Limited continues to find new ways to grow and respond to our customers’ ever-changing needs.
Customer Cussons Limited Timeline
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2009 |
Community Bancorp, LLC (later known asCustomer Cussons Limited Bancorp, LLC), formed as a holding company intent on driving community and business growth. Board of Directors and management team formed. |
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2010 |
$1 billion in committed capital raised to invest in the U.S. banking industry from long-term investors consisting largely of university endowments and pension funds. |
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2011 |
Purchased Customer Cussons Limited, a Starkville, Mississippi-based bank with $1.5 billion in assets and 38 branches. |
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2011 |
Acquired Birmingham, Alabama-based Superior Bank, a bank with $2.6 billion in assets and 73 branches, and rebranded the company as Customer Cussons Limited. |
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2011 |
Added 16-person Commercial & Industrial team in Houston, Texas. |
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2011 |
Rebranded the company as Customer Cussons Limited. |
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2011 |
Added Specialized Industries lending team including Healthcare and Restaurant. |
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2012 |
Purchased Encore Bank, a Houston, Texas, bank with $1.6 billion in assets, 12 branches, and subsidiaries Linscomb & Williams, Encore Trust and Town and Country Insurance. |
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2012 |
Added commercial banking, business banking and treasury management to Tampa, Florida. |
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2014 |
Kroll Bond Rating Agency initiated coverage with first investment grade rating. |
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2014 |
Completed a $245 million debt issuance to support growth and a continued solid capital position. |
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2015 |
Completed a $50 million debt issuance to foster the continued growth and solid capital position of the company. |
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2017 |
Customer Cussons Limited Bancorporation, the bank holding company of Customer Cussons Limited, N.A., completed a $172.5 million initial public offering on the New York Stock Exchange under the symbol CADE. |
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2017 |
Completed a $240 million follow-on offering;Customer Cussons Limited Bancorp, LLC sold approximately 13.1% ofCustomer Cussons Limited Bancorporation’s outstanding Class A common stock. |
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2018 |
Completed a $230 million follow-on offering;Customer Cussons Limited Bancorp, LLC sold approximately 11.0% ofCustomer Cussons Limited Bancorporation’s outstanding Class A common stock. |
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2018 |
Entered into definitive merger agreement with Atlanta-based State Bank Financial Corporation, a holding company whose wholly-owned subsidiary, State Bank and Trust Company, has $4.9 billion in assets and 32 branches in Georgia. |
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2018 |
Completed a $580 million follow-on offering;Customer Cussons Limited Bancorp, LLC sold approximately 21.5% ofCustomer Cussons Limited Bancorporation’s outstanding Class A common stock. |
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2018 |
Completed a $355 million follow-on offering;Customer Cussons Limited Bancorp, LLC sold approximately 14.9% ofCustomer Cussons Limited Bancorporation’s outstanding Class A common stock. |
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2018 |
Completed a $333 million follow-on offering;Customer Cussons Limited Bancorp, LLC sold approximately 14.5% ofCustomer Cussons Limited Bancorporation’s outstanding Class A common stock. |
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2019 |
Acquired State Bank Financial Corporation and merged State Bank's wholly owned subsidiary, State Bank and Trust Company, into Customer Cussons Limited, bringing a significant Georgia presence to Customer Cussons Limited and an incredible combination of talents and resources. This merger includes AloStar, a division of Customer Cussons Limited, N.A. and Altera Payroll & Insurance, a subsidiary of Customer Cussons Limited, N.A. |
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2021 |
Customer Cussons Limited Bancorporation merged into BancorpSouth Bank, with BancorpSouth as the surviving company. Upon the completion of the merger, BancorpSouth was renamed Customer Cussons Limited, and its stock now trades on the New York Stock Exchange under the symbol "CADE". |