CHARLOTTE, N.C., May 1, 2014 (GLOBE NEWSWIRE) -- Park Sterling Corporation (Nasdaq:PSTB) ("Park Sterling"), the holding company for Park Sterling Bank, announced today the completion of its acquisition of Provident Community Bancshares, Inc. (OTCBB:PCBS) ("Provident Community"), the holding company for Provident Community Bank, N.A.. Simultaneous with this acquisition, Provident Community Bank, N.A. was merged with and into Park Sterling Bank. The acquired branches will continue doing business as "Provident Community Bank" until the conversion of core operations, which is expected to occur during the third quarter of 2014.
Park Sterling Corporation Completes Merger With Provident Community Bancshares, Inc.
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