Florida

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.

Jacksonville Bancorp (JAXB) in Florida is planning a reverse stock split that would allow its shares to keep trading on the Nasdaq exchange.

Jacksonville Bancorp in Florida has closed the sale of $5 million worth of common stock.

TotalBank in Miami, Fla., has given President Luis de la Aguilera the additional job of chief executive.

Seacoast Banking Corp. of Florida (SBCF) in Stuart, Fla., has been released from all enforcement actions with the Office of the Comptroller of the Currency.

Jacksonville Bancorp in Florida has raised $1 million through a rights offering.

Atlantic Coast Financial (ACFC) in Jacksonville, Fla., plans to sell $46 million in common stock. The move, disclosed in a Tuesday regulatory filing, follows a tumultuous period for the $743 million-asset company.

BankUnited (BKU) in Miami Lakes, Fla., is ready for some football. The $13 billion-asset company announced Thursday that it has become an "official partner" of the New York Jets.

Atlantic Coast Financial (ACFC) in Jacksonville, Fla., has picked a veteran of Fifth Third Bancorp (FITB) and the former Wachovia to be its new chief executive.

The Federal Reserve Bank of Atlanta has approved two Atlantic Coast Financial (ACFC) board nominees proposed by dissident investor Jay Sidhu.

Stonegate Bank (SGBK) in Fort Lauderdale, Fla., has agreed to buy Florida Shores Bancorp in Pompano Beach.