July 30, 2014 3:30 PM ET

Banks

Company Overview of Florida Bank Group, Inc.

Company Overview

Florida Bank Group, Inc. operates as the bank holding company for Florida Bank that provides commercial and retail banking services to businesses and individuals in the United States. It accepts various deposit products, including demand interest bearing and noninterest bearing accounts, money market deposit accounts, NOW accounts, direct deposits, and time deposit accounts. The company also offers a range of loan products comprising small business loans, commercial real estate construction, and term loans; working capital loans and lines of credit; demand, term, and time loans; and residential loans, home equity lines of credit, second mortgages, new and used auto loans, new and used boat l...

201 North Franklin Street

Suite 100

Tampa, FL 33602

United States

121 Employees

Phone:

813-367-5270

Key Executives for Florida Bank Group, Inc.

Chief Executive Officer
Age: 59
Executive Chairman
Age: 61
Chief Financial Officer
Age: 55
Chief Operating Officer
Age: 61
Chief Executive Officer of Florida Bank of Sarasota and President of Florida Bank of Sarasota
Age: 57
Compensation as of Fiscal Year 2014.

Florida Bank Group, Inc. Key Developments

Federal Reserve Board Announces Termination of Enforcement Actions with Commerce Bancshares, Florida Bank Group, Inc., and Florida Bank

Federal Reserve Board announced termination of enforcement actions with Commerce Bancshares, Florida Bank Group, Inc., and Florida Bank. Commerce Bancshares, Inc.'s written agreement was dated February 17, 2012 and was terminated on March 14, 2014. Florida Bank Group, Inc. and Florida Bank's written agreement was dated March 1, 2011 and was terminated March 19, 2014.

Florida Bank Group, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2012

Florida Bank Group, Inc. reported earnings results for the third quarter ended September 30, 2012. For the quarter, the company reported net loss was $948,000, compared to a net loss of $3.5 million in the third quarter of 2011. For nine months, the company reported net loss is $3 million a $14 million improvement over the first nine months of 2011.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 14, 2013
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