Stonegate Bank and Southwest Capital Bancshares, Inc. Sign Definitive Merger Agreement

FORT LAUDERDALE, FL--(Marketwire - August 31, 2010) -  Stonegate Bank (OTCBB: SGBK) and Southwest Capital Bancshares, Inc. announce the signing of a definitive merger agreement pursuant to which Stonegate Bank will acquire Southwest Capital Bank, NA, in Fort Myers in an all stock transaction valued at approximately $9.4 million.

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Stonegate Bank and Southwest Capital Bancshares, Inc. Sign Definitive Merger Agreement

FORT LAUDERDALE, FL--(Marketwire - August 31, 2010) -  Stonegate Bank (OTCBB: SGBK) and Southwest Capital Bancshares, Inc. announce the signing of a definitive merger agreement pursuant to which Stonegate Bank will acquire Southwest Capital Bank, NA, in Fort Myers in an all stock transaction valued at approximately $9.4 million.

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