Florida

Florida Capital Bank in Jacksonville has raised $25 million in the last 15 months as it works to meet regulatory capital ratios and overcome a slew of problem loans.

The parent company of United Legacy Bank in Winter Park, Fla., is buying a large stake in a rival bank in what appears to be the first step toward building a multi-bank holding company.

Losses at Florida Community Bank narrowed in the fourth quarter after the Miami bank trimmed overhead by cutting 10% of its workforce.

CenterState Bank in Winter Haven, Fla., bought a failed bank Friday. John Corbett, the head of CenterState, hired the target's new CEO months ago. He has used that philosophy several times to expand — and doesn't plan to stop there.

CenterState Banks Inc. posted its first quarterly profit since mid-2011 because of bank acquisitions.

In the matter of an evening, Tennessee jumped from having no bank failures so far this crisis, to being tied with Florida so far this year.

BankUnited Inc., which last week confirmed a short-lived effort to sell itself, said Wednesday that its fourth-quarter earnings rose nearly 50% from a year earlier, to $41 million.

WASHINGTON — In the first three closures of the year, regulators shuttered institutions in Georgia, Florida and Pennsylvania.

BankUnited Inc. once seemed intent to grow on its own. But now, after a brief flirtation with selling itself, the company's main job will be assuring key constituents that it's simply going to stick around.

The Federal Reserve Board has ordered Southwest Florida Community Bancorp Inc. to maintain its health so that it can serve as a source of strength for its ailing bank subsidiary, First Community Bank of Southwest Florida in Fort Myers.

BankAtlantic Bancorp's hopes to move forward with its planned sale without the interference of its debt holders have been squashed by a Delaware judge.

A Florida holding company formed in 2008 to buy troubled banks has struck another deal in the Tampa Bay area after calling off its previous acquisition.

First United Bancorp Inc. in Boca Raton, Fla., is unloading three of the seven western Florida branches it inherited when it acquired the failed Old Harbor Bank in Clearwater in October.

A small South Florida bank is now considered to be undercapitalized after it restated year-to-date results to show a larger loss than first reported.

BankUnited Inc. in Miami Lakes, Fla., opened three new branches on both Florida coasts Monday and now has opened a dozen branches in its home state since Nov. 7.

In what is probably the last night for bank collapses in 2011, regulators closed banks in Florida and Arizona, bringing the year's failure tally to 92.

The board of Capital City Bank Group Inc. in Tallahassee, Fla., has suspended its common stock dividend.

Trustmark said late Wednesday that it will pay $22 million for the $247 million-asset Bay Bank, representing about 85% of the seller's tangible book value at Sept. 30.

Coming off its 13th consecutive quarterly loss and struggling to meet capital requirements set by regulators, Atlantic Coast Financial Corp. in Jacksonville, Fla., is considering selling itself to another bank.

CertusBank in Greenville, S.C. said Wednesday that it agreed to buy $96 million of performing loans and $211 million of deposits from First Guaranty Bank Corp.