NAPLES, Fla. - BancFlorida Financial Corp. said it has been released from requirements of an Office of Thrift Supervision capital plan.
The capital plan, which was approved by the OTS in June 1990, outlined the bank's strategies to meet higher regulatory capital standards.
As of Sept. 30, the company complied with all then applicable capital standards, as well as with the 8% risk-based capital requirement that takes effect Dec. 31.