Florida

Coconut Grove Bank in Miami has appointed a new chief financial officer: Samuel Milne, the former CFO of the struggling U.S. Century Bank.

The chief risk officer of EverBank Financial (EVER) in Jacksonville, Fla., is stepping down.

A plan to inject $50 million into U.S. Century Bank has reportedly been called off, leaving the undercapitalized Doral, Fla., bank in limbo.

The state had a dozen deals last year as foreign investors looked to expand, particularly in the Miami area.

EverBank (EVER) in Jacksonville, Fla., is laying off 302 employees, or about 7% of its workforce, as it quits the business of servicing defaulted home loans.

EverBank Financial (EVER) in Jacksonville, Fla., has agreed to pay the Federal Deposit Insurance Corp. $48 million in connection with its purchase of the failed Bank of Florida in May 2010.

The $806 million-asset company and the FDIC entered into a consent order related to AML and Bank Secrecy Act controls, staffing and administration, Banesco said Friday.

Atlantic Coast Financial Corp. (ACFC) in Jacksonville has priced its public offering at a slight discount to its trading price.

Jacksonville Bancorp (JAXB) in Florida reported its third consecutive quarterly profit as lowered its expenses and its loan-loss provision.

Seacoast Banking Corp. of Florida (SBCF) in Stuart has begun a public offering to fund its exit from the Troubled Asset Relief Program.

Court referee Nancy Perez recommended that the Florida Supreme Court revoke David J. Stern's law license and order him to pay roughly $50,000 to cover the Florida Bar's legal costs, according to a report filed Oct. 30.

The $1 billion-asset company is looking to sell its branch in Ponte Vedra Beach for $3.5 million, the Jacksonville Business Journal reported Monday.

Banesco USA in Coral Gables, Fla., reportedly received a $10 million investment from its shareholders during the third quarter.

WASHINGTON - State regulators in Florida closed the $25 million-asset Bank of Jackson County, located in Graceville, the 23rd institution to fail this year.

The $1.7 billion-asset company submitted a shelf registration with the Securities and Exchange Commission on Wednesday that would allow it to sell up to $150 million of equities or debt.

Atlantic Coast Financial (ACFC) in Jacksonville, Fla., narrowed its losses during a quarter of management upheaval.

The stock exchange has accepted the $136 million-asset company's plan to recapitalize itself and will allow it to remain listed, OptimumBank said Friday.

Loan growth helped power BankUnited (BKU) in Miami Lakes, Fla., to a 9% rise in quarterly earnings.

Gateway Bank of Southwest Florida has appointed Brian Hall, the founder of rival Sabal Palm Bank in Sarasota, to its executive team.

TGR Financial in Naples, Fla., has agreed to buy Shamrock Bank of Florida.