FCB Florida Bancorp. Inc. in Orlando has agreed to buy $110 million-asset Anderen Financial Inc. in Palm Harbor, Fla., for an undisclosed amount.

The deal, which is expected to close in the third quarter, would give the $740 million-asset, nine-branch FCB two branches in Palm Harbor and increase its assets to $850 million, the company said on Monday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.