Florida

The $3.5 billion-asset Fidelity Southern said in a press release Monday that it will pay $27 million in stock for the $205 million-asset American Enterprise. The deal is expected to close in the first quarter.

BankUnited in Miami Lakes, Fla., reported quarterly earnings that missed Wall Street expectations despite loan growth and an income tax benefit.

A federal appeals court has dealt the retail sector a setback in the ongoing fight over surcharges on credit card purchases.

Seacoast Banking Corp. of Florida in Stuart has agreed to buy the Orlando, Fla., banking operations of BMO Harris Bank.

Republic Bancorp in Louisville, Ky., has agreed to buy Cornerstone Bancorp in St. Petersburg, Fla.

Sunshine Bancorp in Plant City, Fla., has hired another former executive from the former Susquehanna Bancshares in Lititz, Pa.

CenterState Banks in Davenport, Fla., has agreed to buy Community Bank of South Florida in Homestead.

Kabbage is one of many nonbank lenders looking to partner with traditional financial institutions. But the firm is facing a tough sell with bankers who worry about the risks associated with ceding control of the loan-underwriting process.

C1 Financial in St. Petersburg, Fla., is reportedly looking to sell itself.

USAA will shift about 120 positions in its mortgage operations from an office near Dallas to offices in Tampa, Fla., and Phoenix.