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State Bank Financial Corporation Reports Second Quarter 2016 Results

State Bank Financial Corporation (NASDAQ: STBZ) today announced unaudited financial results for the quarter ended June 30, 2016.  Net income for the second quarter of 2016 was $13.8 million, compared to $10.8 million in the first quarter of 2016 and a net loss of $2.0 million in the second quarter of 2015 related to one-time expenses associated with the early termination of loss share agreements in May 2015.

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State Bank Financial Corporation and NBG Bancorp, Inc. Announce Merger

State Bank Financial Corporation (NASDAQ: STBZ), the holding company for State Bank and Trust Company, and NBG Bancorp, Inc. announced today the signing of a definitive agreement for State Bank Financial to acquire NBG Bancorp and its wholly-owned subsidiary, The National Bank of Georgia (“NBG”), in a cash and stock transaction with a purchase price of approximately $68 million, or $45.45 per share.

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