Florida

The Federal Reserve on Tuesday announced a written agreement with Pinnacle Bank Holding Co. in Orange City, Fla.

The Office of the Comptroller of the Currency closed First National Bank of Florida, in Milton, on Friday.

BankAtlantic Bancorp in Fort Lauderdale, Fla., has promoted Charles Mohr to president of retail banking, the latest in a string of executive appointments the company has recently announced.

Regulators closed banks in Florida, Georgia and Illinois Friday, all in places were many banks have already met their demise. On Thursday, a bank failed in Pennsylvania, one of just a handful to fail in that state in the last few years.

The Office of the Comptroller of the Currency closed Lydian Private Bank in Palm Beach, Fla., on Friday. The $1.7 billion-asset bank is the 10th bank to fail in Florida this year.

Seacoast Banking Corp. of Florida if finally current on dividends tied to the Troubled Asset Relief Program after missing nine payments to the Treasury Department.

Mercantile Bancorp once believed that its bank in sleepy Quincy, Ill. was not enough. Now, that bank might hold the key to the company's survival.

The Federal Deposit Insurance Corp. has ordered three community banks hobbled by losses on real estate loans to raise fresh capital or merge with other banks.

BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., is heading west to try to drum up interest in its stock.

BankUnited Inc. said Wednesday that second quarter net income fell 14% compared with a year earlier partly because of lower payments coming from the Federal Deposit Insurance Corp. related to its loss-share agreement.

The Federal Reserve on Thursday announced written agreements with four banks, including the $2 billion-asset Old Second Bancorp Inc. in Aurora, Ill.

BankAtlantic Bancorp Inc. returned to profitability in the second quarter due largely to its 19-branch sale to PNC Financial Services Group Inc.

Don Adam’s American Momentum shifts from building to buying in Sunshine State.

FirstAtlantic Bank said Wednesday that it had agreed to buy CenterBank in a deal that will combine two Jacksonville, Fla., banks.

WASHINGTON — Two failed banks in Florida went to one acquirer Friday, and regulators also shut a $1 billion-asset bank in Colorado, as the year's failure total reached 58.

USAmeriBancorp Inc. in Clearwater, Fla., is planning to acquire the remaining stake in an Alabama bank that it does not already own.

John Kanas released a statement on Tuesday re-asserting that BankUnited Inc.'s planned acquisition of Herald National Bank jibes with his noncompete provisions with Capital One Bank.

The Tampa-based parent of Florida Bank issued 5,107 shares of series C preferred stock, grossing $1,000 a share, according to a filing with the Securities and Exchange Commission.

A Florida holding company formed three years ago to buy troubled banks has struck its third deal in the Tampa Bay area.

Wells Fargo & Co. announced Thursday that its insurance arm has acquired EDIFY LLC, an employee benefits consulting firm based in Fort Lauderdale, Fla.