State Coverage: Florida

Florida Community Eliminates 60 Jobs

American Banker | Feb 01

Losses at Florida Community Bank narrowed in the fourth quarter after the Miami bank trimmed overhead by cutting 10% of its workforce.

CenterState's Corbett Gets the Boss Before He Gets the Bank

American Banker | Jan 31

CenterState Bank in Winter Haven, Fla., bought a failed bank Friday. John Corbett, the head of CenterState, hired the target's new CEO months ago. He has used that philosophy several times to expand — and doesn't plan to stop there.

Bank Acquisitions Help Florida's CenterState Return to Profitability

American Banker | Jan 30

CenterState Banks Inc. posted its first quarterly profit since mid-2011 because of bank acquisitions.

Tennessee Suffers Two Bank Failures After Nearly Decade-Long Break

American Banker | Jan 27

In the matter of an evening, Tennessee jumped from having no bank failures so far this crisis, to being tied with Florida so far this year.

BankUnited Posts 4Q Profit After Growing Loans

American Banker | Jan 25

BankUnited Inc., which last week confirmed a short-lived effort to sell itself, said Wednesday that its fourth-quarter earnings rose nearly 50% from a year earlier, to $41 million.

Regulators Seize Three Banks in First Failures of 2012

American Banker | Jan 20

In the first three closures of the year, regulators shuttered institutions in Georgia, Florida and Pennsylvania.

BankUnited's 'Price Check' Could Create Reputational Challenge

American Banker | Jan 19

BankUnited Inc. once seemed intent to grow on its own. But now, after a brief flirtation with selling itself, the company's main job will be assuring key constituents that it's simply going to stick around.

Fed Enforcement Order for Southwest Florida Community Bancorp

American Banker | Jan 17

The Federal Reserve Board has ordered Southwest Florida Community Bancorp Inc. to maintain its health so that it can serve as a source of strength for its ailing bank subsidiary, First Community Bank of Southwest Florida in Fort Myers.

Suit to Block BankAtlantic's Sale to BB&T May Proceed, Judge Says

American Banker | Jan 04

BankAtlantic Bancorp's hopes to move forward with its planned sale without the interference of its debt holders have been squashed by a Delaware judge.

CBM Florida to Acquire Beleaguered Tampa Bank

American Banker | Dec 27

A Florida holding company formed in 2008 to buy troubled banks has struck another deal in the Tampa Bay area after calling off its previous acquisition.

1st United to Shutter Three Former Old Harbor Branches

American Banker | Dec 20

First United Bancorp Inc. in Boca Raton, Fla., is unloading three of the seven western Florida branches it inherited when it acquired the failed Old Harbor Bank in Clearwater in October.

Security Bank in Florida Is Undercapitalized After Restatement

American Banker | Dec 19

A small South Florida bank is now considered to be undercapitalized after it restated year-to-date results to show a larger loss than first reported.

BankUnited Adds a Dozen Branches in Six Weeks

American Banker | Dec 19

BankUnited Inc. in Miami Lakes, Fla., opened three new branches on both Florida coasts Monday and now has opened a dozen branches in its home state since Nov. 7.

Florida, Arizona Bank Collapses Drive '11 Failure Total to 92

American Banker | Dec 16

In what is probably the last night for bank collapses in 2011, regulators closed banks in Florida and Arizona, bringing the year's failure tally to 92.