A South Florida community bank is buying a nearby investment brokerage.
Southern Security Bank Corp., Hollywood, and First Colonial Securities
The deal is valued at roughly $17.5 million. A definitive agreement is
Southern, founded in 1992, is a $25 million-asset bank with two offices.
Originally based in Philadelphia, the brokerage moved its headquarters
The deal, approved by both boards of directors in January, was made
"Less than two months later, we had a deal on the table," said James L.