Florida

City County Credit Union in Fort Lauderdale, Fla., plans to double its coverage in the state by expanding into nine nearby counties.

BankFirst of Winter Park, Fla., has agreed to acquire Commercial Bancorp Inc. of nearby Ormond Beach.

Florida Shores Bank in Venice said Monday that it had raised $8 million of capital after spending six months courting investors.

It was another busy — and costly — night for regulators in the Southeast. Of the nation's six failures Friday — bringing the year's total to 157 — three were in Georgia and one was in Florida, continuing the onslaught the two states have suffered in the crisis.

Bloodied but unbowed, the Florida banking market is poised for a rebound, but only a handful of in-state banks have the capital to take advantage of one.

First Bank of the Palm Beaches has managed to maintain a middle-of-the-road status in the treacherous world of Florida banking.

First Southern Bank in Boca Raton, Fla. is realigning its organization to make it easier to expand.

An affiliate of Hovde Private Equity Advisors LLC has completed an $11 million capital infusion into FirstAtlantic Financial Holdings Inc. in Jacksonville, Fla.

A jury ruled Thursday that BankAtlantic Bancorp Inc. misled its investors about its credit quality and must compensate them for certain losses.

After securing more capital, Jacksonville Bancorp Inc. has announced its purchase of Atlantic BancGroup Inc.

TIB Financial Corp. in Naples, Fla., had a wider net loss of $33.7 million in the third quarter after its new owner overhauled the company's balance sheet.

A handful of small banks have also struck deals recently that will heighten their name recognition and allow them to cull customers out of massive audiences.

CenterState Banks Inc. in Winter Haven, Fla., said it has received approval to consolidate three of its subsidiary banks into a single charter.

The Federal Reserve Board issued three enforcement actions against community banks and their holding companies on Thursday.

Seven banks failed Friday, bringing the total number of failures this year to within one of the number of failures in all of 2009. So far 139 banks have failed in 2010. Friday's failures are expected to cost the deposit insurance fund a collective $478 million.

BankUnited in Florida said Friday that it has acquired a small-business lending platform and a municipal leasing business from two companies as a way to expand its lending operations nationwide.

EverBank Financial Corp., one of Florida's largest homegrown banks, plans to go public by raising up to $200 million of common stock, according to a registration filed Friday with the Securities and Exchange Commission.

Fairwinds Credit Union in Orlando has renewed its membership in First Data Corp.'s Star network, making the electronic funds transfer service its preferred provider of PIN debit transaction and ATM access services.

The failures late Friday of the $421 million-asset Wakulla Bank in Crawfordville, Fla., and the $104 million-asset Shoreline Bank in Shoreline, Wash., were estimated to cost the Federal Deposit Insurance Corp. a total of $155 million.

LandMark Bank of Florida in Sarasota is now operating under a prompt corrective action directive from the Federal Reserve.