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Many people in Florida were sure that M&A would pass over the Sunshine State for years after the financial crisis. But a recent influx of deals suggests that Florida hasn't lost its luster.
May 19 -
A pair of acquisitions announced this week is creating chatter about out-of-market interest in Florida's banks. Still, some caution that bankers must be mindful of past mistakes by other long-distance buyers.
May 8 -
Susquehanna Bancshares (SUSQ) in Lititz, Pa., announced several executive changes.
January 16
Sunshine Bancorp in Plant City, Fla., has hired a former executive at Susquehanna Bancshares in Lititz, Pa., as its chief executive.
The $312 million-asset Sunshine said it had hired
Samuel joined Susquehanna in February 2012, following the acquisition of the $2.5 billion-asset Graystone Tower Bank in Enola, Pa., where he had been chairman and CEO.
"We are extremely proud to have attracted an executive of Andrew's caliber to join our company," Ray Rollyson, Sunshine's chairman, said in a press release Tuesday.
Samuel succeeds J. Floyd Hall, who led Sunshine for 28 years. Hall, who will remain on the company's board, will advise Samuel during the transition.
Sunshine has five branches outside of Tampa, Fla. It was founded in 1954 as a mutual savings bank, and converted to a stock company in July.
