Florida

The company said it recorded a large loan-loss provision in the second quarter to reflect Coex Coffee International's pending liquidation.

⁠John Corbett says building scale, lowering costs and strengthening technology offerings have become more critical for banks to stay competitive.

Chuck Shaffer will take the helm in December, becoming the first leader outside of the Hudson family since the bank's formation in 1926.

Organizers of Coastal Community Bank withdrew their application after the pandemic disrupted efforts to raise capital.

Patricia Sarne was named CEO of San Antonio Citizens Federal Credit Union after former chief executive Tim Baldwin retired.

The Miramar, Fla.-based institution is spending $85,000 to help businesses as the economy begins reopening.

Suncoast Credit Union and Apollo Bank have called off their plans to merge.

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

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

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

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

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

Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.

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.

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.

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

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.

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

The company acquired ResX Warehouse Lending from People's United Financial.

The Delray Beach-based institution will change its name later this year to better reflect the communities it serves and its growth beyond serving just IBM staff.