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The Florida company relied on loan growth and loan sales to offset higher expenses and ongoing issues in its taxi medallion lending operations.
April 25 -
The Office of the Comptroller of the Currency has given preliminary conditional approval for Winter Park National Bank, allowing organizers to work on office space, hire staff and raise capital.
April 20 -
These execs say they are finding ways to reduce fixed costs in areas such as branching and personnel, offer appealing tech, yet provide in-person services when customers have concerns.
April 11 -
Arizona, Nevada, Florida and North Carolina have lost more banks than other states, based on the percentage decline since 2010. Each has a unique set of reasons that goes beyond regulation and a dearth of de novo activity.
April 5 -
EVP Kevin Miller will take over when Joseph Melbourne, Jr. retires at the end of this month after 19 years at the helm.
March 29 -
The Arkansas company has bought 12 banks in Florida since 2010, and its CEO said he had coveted Stonegate for years before agreeing to buy it this week. Yet there is nagging talk about a new bubble in the Sunshine State.
March 28 -
Gulf Winds FCU immediatley assumed the failed credit union's members and deposits.
March 17 -
Capital Bank Financial in Charlotte, N.C., is working with advisers to explore a sale after receiving an unsolicited approach, people familiar with the matter said.
March 15 -
League representing Florida and Alabama credit unions will pay out more than $200,000 in dues rebates, bringing the grand total returned to members in recent years to more than $1.4 million.
March 13 -
First Florida Credit Union is touting a banner year in 2016 and says plans are underway for an even better 2017.
March 10 -
Iberiabank is making the biggest deal in its history in Miami, an area known for boom-bust cycles and a condo market that stung banks during the crisis.
March 1 -
Terry West to retire to retire from VyStar after 25 years at the helm.
February 24 -
Miami Lakes-based CU garners endorsement from popular Spanish-language radio personality.
February 24 -
Hispanic outreach program now includes 70 CUs, several state leagues.
February 22 -
Alex Acosta played an instrumental role helping the bank raise capital and emerge from a 2011 regulatory order.
February 16 -
With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line.
January 29 -
Garrett Richter is taking on a bigger role at First Florida Integrity Bank in Naples.
January 10 -
CenterState Banks in Winter Haven, Fla., is looking to raise at least $60 million through a public offering.
January 10 - New Jersey
Weakness in the energy sector and a surge in new construction are pushing up vacancy rates at offices and hotels, leading to a spike in delinquencies on loans tied to them. The safer bet, bankers say, is lending on industrial properties.
January 5 -
OptimumBank in Plantation, Fla., has been hit with an enforcement action due to concerns about its asset quality, capital position, compliance with anti-money-laundering regulations and other issues.
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