Florida

Ocean Bank in Miami has been freed from an enforcement action by state and federal regulators.

Floridian Financial Group in Lake Mary, Fla., is merging its subsidiaries, Orange Bank of Florida in Orlando and Floridian Bank in Daytona Beach, under the Floridian Bank name.

EverBank Financial (EVER) in Jacksonville, Fla., said that first-quarter earnings fell 18% from a year earlier, to $32 million. Earnings per share of 23 cents beat the average estimate of analysts polled by Bloomberg by 2 cents.

Capital City Bank Group (CCBG) in Tallahassee, Fla., enjoyed a trifecta last quarter: it lowered expenses, income taxes and its loan-loss provision.

Seacoast Banking Corp. of Florida (SBCF) in Stuart has agreed to buy The Bankshares in Winter Park, Fla.

BankUnited (BKU) in Miami Lakes, Fla., reported higher quarterly earnings after selling some commercial loans.

Popular (BPOP) in San Juan, Puerto Rico, has found buyers for its regional operations in Illinois, California and central Florida.

Heritage Financial (HBOS) in Albany, Ga., has agreed to buy Alarion Financial Services in Ocala, Fla.

Capital Bank Financial (CBF) in Coral Gables, Fla., nearly doubled earnings in the first quarter thanks to asset quality improvements.

Home BancShares in Conway, Ark., has agreed to buy Florida Traditions Bank in Dade City, Fla. The $6.8 billion-asset Home said it will pay $43 million stock for the $312 million-asset Florida Traditions.

ORLANDO — CUSO leaders were given an update on NCUA's relatively new oversight of their operations by a trio of agency reps at the NACUSO annual meeting here.

ORLANDO, Fla. — Virtual currencies such as Bitcoin are largely viewed skeptically by credit unions as a potential threat, but at least one person sees some opportunities for revenue.

Iberiabank (IBKC) in Lafayette, La., is seeking federal approval to convert a Fort Lauderdale loan production office into a full-service branch.

Banco Santander SA (SAN), Spain's biggest bank, bought the private banking unit of BNP Paribas SA (BNP) in Miami to help to win more business from wealthy Latin American clients, two people with knowledge of the matter said.

Gulf Coast Community Bank in Pensacola, Fla., has taken a significant step towards long-term recovery.

Drew Breakspear spent decades as a banker before becoming the top industry enforcer in Florida. He is empathetic to banks, realizes the growing importance of virtual currencies like Bitcoin and believes more bankers should serve on the Fed's Board of Governors.

Hancock Holding (HBHC) in Gulfport, Miss., has agreed to sell its property and casualty and group benefits lines of business to AssuredPartners in Lake Mary, Fla.

Coconut Grove Bank in Miami has appointed Donald Putnam chief lending officer.

Diebold is partnering with the $5.5 billion-asset Suncoast CU to test an ATM that reuses consumer-deposited cash for future withdrawals. Tampa, Fla.-based Suncoast is the first financial institution in the U.S. to test the technology.

Diebold is partnering with the $5.5 billion-asset Suncoast CU to test an ATM that reuses consumer-deposited cash for future withdrawals. Tampa, Fla.-based Suncoast is the first financial institution in the U.S. to test the technology.