florida

FDIC approves application for Florida de novo bank

03/20/20

Organizers of Coastal Community Bank must raise $19.5 million before opening.

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United Community enters new Florida markets with Three Shores deal

03/10/20

The Georgia company will expand into central and southern Florida by buying the parent of Seaside National Bank & Trust.

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Coronavirus fears dampen mood at community bankers' conference

03/09/20

The outbreak and a free fall of oil and stock prices are rattling bankers at this year's ICBA gathering in Orlando, Fla.

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CenterState, South State took parallel paths to a merger

02/26/20

The companies spent much of the past decade completing smaller deals that created complementary footprints in the Southeast.

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Florida de novo gets FDIC approval

02/25/20

Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening.

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BankFlorida to be sold to individual investor

01/30/20

Kenneth Lehman, a former banking attorney who acquires large stakes in small banks, will buy BankFlorida, which lost $555,000 through the first nine months of 2019.

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Banks find a cheat code to catch up on digital: Merging

01/27/20

CenterState and South State are the latest regionals to announce a deal driven heavily by the need to compete with larger banks that can afford to spend more on cutting-edge technologies.

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CenterState, South State plan $3.2B merger

01/27/20

The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida.

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Food delivery apps to blame for stressed restaurant loans: BankUnited

01/24/20

As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh.

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Seacoast expanding in western Florida with Fourth Street acquisition

01/23/20

The company will pay $64 million to significantly increase its scale in the Tampa Bay area.

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