United Community completed the acquisition of Three Shores for c. $180m.

United Community Banks, a bank holding company, completed the acquisition of Three Shores, a bank holding company, including its subsidiary Seaside National Bank & Trust, for c. $180m. “We have been looking for an opportunity to enter Florida in the right markets, with the right business model, and most importantly, with the right people. We believe that we have accomplished all of these things with this merger. Since the transaction announcement in March, our relationship with Gideon and his team has become even stronger, and we continue to believe that now more than ever, our combined banks are better together. We are very excited to have Seaside’s talented team join the United team and help us lead our expansion into Florida,” Lynn Harton, United Community Chairman and CEO.