Virginia Hepner Named to State Bank Financial Corporation and State Bank & Trust Boards

ATLANTA, Oct. 4 /PRNewswire/ -- State Bank Financial Corporation announced today that Virginia A. Hepner has been selected to the board of directors of State Bank Financial Corporation and State Bank & Trust Company.  Hepner is an Atlanta investor, civic leader and consultant with an extensive career in corporate banking.

"We are pleased to have Virginia join us and I'm absolutely positive we will benefit from the breadth of leadership and analytical expertise she brings to every organization she has ever been part of," said Joe Evans, Chairman and CEO of State Bank Financial Corporation.

Hepner was a corporate banking executive with Wachovia Bank for 25 years, serving in North Carolina, Chicago and Atlanta. She is a principal investor in GHL, LLC, a private real estate investment partnership; a business development consultant serving Fortune 500 companies at Venadar, LLC; and a former director at Chexar Corporation, a private technology company. She is active in many Atlanta non-profit and civic organizations, including Emory University Board of Visitors, Children's Healthcare Community Board, Theater of the Stars and Georgia Communities for Growth. She received the Phoenix Award in 2008 from Atlanta Mayor Shirley Franklin for outstanding community service.

About State Bank Financial Corporation and State & Trust Company

State Bank Financial Corporation is the holding company for State Bank & Trust Company, one of Georgia's best-capitalized banks, with over $2.6 billion in assets throughout Middle Georgia and Metro Atlanta. State Bank has locations in Metro Atlanta and Bibb, Houston, Dooly, and Jones counties in Middle Georgia.  

In 2009, State Bank acquired assets and deposits of the six bank subsidiaries of Security Bank Corporation, The Buckhead Community Bank and First Security National Bank in transactions facilitated by the Federal Deposit Insurance Corporation.  In 2010, State Bank acquired assets and deposits of NorthWest Bank & Trust of Acworth, Georgia.

State Bank raised $300 million in capital, including investments from the executive management team, to facilitate its acquisitions.

Over the past twenty-five years, State Bank Chairman and CEO Joe Evans and his management team have led some of Georgia's most successful community banks, including Flag Financial Corp., Century South Banks, and Bank Corporation of Georgia. State Bank's headquarters are in Macon, Georgia.

To learn more about State Bank, visit www.statebt.com.

STATE BANK & TRUST COMPANY

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SOURCE State Bank Financial Corporation