Florida

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.

BankUnited Inc. posted a slight increase in third-quarter earnings as the Miami Lakes company continued to aggressively grow commercial loans in Florida.

WASHINGTON - Two Florida bank executives and one bank borrower were sentenced to federal prison Tuesday and ordered to pay nearly $100 million for attempting to defraud the Troubled Asset Relief Program.

1st United of Boca Raton struck two deals in three days that would move it into central Florida and give it 26 branches in the state.

Two community banks in Georgia, and one in Florida, were closed late Friday at a cost of more than $130 million to the Federal Deposit Insurance Corp.

Stonegate Bank in Ft. Lauderdale, Fla., said Wednesday that third-quarter earnings rose 73% from a year earlier, to $1.6 million, due to increased lending.

American Momentum Bank is committed to buying Brazos Valley Bank in College Station, Texas, though it swapped out its application with the Federal Reserve.

Under orders from regulators to beef up its capital levels, Legacy Bank of Florida in Boca Raton has raised $2.8 million in new capital and has deals in place in to receive an additional $13.5 million.

BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said Tuesday that it was planning a 1-for-5 reverse split of its class A and B common stock.

The Office of the Comptroller of the Currency has issued cease-and-desist orders against Intercredit Bank in Miami and Border Capital Bank in McAllen, Texas, citing credit and capital concerns.

Atlantic Coast Financial Corp. in Jacksonville, Fla., said in a regulatory filing last week that Robert J. Larison Jr. is retiring as its chief operating officer.