Banking & Finance

The merger, announced in June, has received required regulatory approvals and is expected to close Jan. 1. It will create a combined organization with approximately $600 million in assets and $450 million in loans. … Read More

After Robert Hill rings the opening bell tomorrow at 9:15 a.m., the parent company of Columbia-headquartered South State Bank will hold an invitation-only investor day to discuss corporate strategy and financial performance. … Read More

The current economy is moving quickly and inflation is low, but inflation pressures exist, according to Brent Schutte, chief investment strategist for Northwestern Mutual. … Read More

The merger of Palmetto Heritage Bancshares Inc. and First Citizens Bank & Trust Co. is expected to close in early November. Palmetto Heritage bank has a location in Mount Pleasant; First Citizens has 16 branches in the Lowcountry. … Read More

Greenville-based Southern First Bancshares Inc., holding company for Southern First Bank, reports net income available to common shareholders of $5.8 million, or 75 cents per diluted share, for the third quarter of 2018. … Read More