Latest Great Florida Bk A (GFLB) Headlines
Florida Community Bank, NA Completes Acquisition of Great Florida Bank and Announces 4th Quarter Net Income of $6.9 Million
Business Wire - Fri Jan 31, 7:45AM CST
Florida Community Bank, NA ("FCB" or the "Company"), a banking subsidiary of Bond Street Holdings, Inc. ("Bond Street"), today announced it has acquired Great Florida Bank ("Great Florida") effective as of the close of business on January 31, 2014. Florida Community Bank is currently the fourth largest bank headquartered in Florida, with approximately $5 billion in assets and over 60 locations along both Florida coasts and in southeast Florida. "The strong support and collaboration between our teams to complete this transaction is extremely gratifying and only serves to reinforce the benefits of this combination," said Kent Ellert, President and Chief Executive Officer. "On Monday, we look forward to working together to serve our clients as one team with additional products and enhanced financial resources," he added.
Florida Community Bank, N.A. Receives Regulatory Approval to Acquire Great Florida Bank.
Business Wire - Fri Jan 17, 7:00AM CST
Florida Community Bank, N.A. ("FCB" or the "Company"), a banking subsidiary of Bond Street Holdings, Inc. ("Bond Street"), today announced it has received regulatory approval from the Office of the Comptroller of the Currency to acquire Great Florida Bank ("Great Florida"). This approval represents the timely completion of the application process which began following the execution of a definitive acquisition agreement in July 2013. Based on the approval, the Company anticipates closing the acquisition of Great Florida on January 31, 2014. "This acquisition reflects the continuing successful execution of our strategic plan to foster FCB's continued growth, both strategically and organically, as our team works to establish FCB as the bank of choice for businesses, entrepreneurs, and personal consumers in Florida" added Kent Ellert, President and Chief Executive Officer of Florida Community Bank. "This transaction will more than double FCB's retail presence in South Florida and will continue to add momentum to our leading organic loan origination platform. Customers of both institutions will benefit from this expanded choice in locations, as well as from the banking experience and expanded product offerings brought about by the merger. Consistent with our previously completed eight successful acquisitions, this merger will significantly enhance our Florida footprint and will provide a foundation for us to augment our commercial lending team to further generate organic growth. We look forward to adding the employees of Great Florida Bank to our team and together creating an even stronger bank for our customers, employees and the communities we serve."
Market Maker Surveillance Report. LBIX, UQM, DATE, EXXI, GFLB, LITB, Winning Stocks With Lowest Price Friction For Wednesday, July 17th 2013
M2 - Thu Jul 18, 3:46AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 3910 companies with "abnormal" market making, 3003 companies with positive Friction Factors and 2100 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Wednesday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Leading Brands Inc (NASDAQ:LBIX), UQM Technologies Inc (AMEX:UQM), Jiayuan.com International Ltd (NASDAQ
ATE), Energy XXI (Bermuda) Ltd (NASDAQ:EXXI), GREAT FLORIDA BANK-CLASS A (OTC:GFLB), (NYSE:LITB). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
Florida Community Bank, NA Completes Acquisition of Great Florida Bank and Announces 4th Quarter Net Income of $6.9 Million
Business Wire - Fri Jan 31, 7:45AM CST
Florida Community Bank, NA ("FCB" or the "Company"), a banking subsidiary of Bond Street Holdings, Inc. ("Bond Street"), today announced it has acquired Great Florida Bank ("Great Florida") effective as of the close of business on January 31, 2014. Florida Community Bank is currently the fourth largest bank headquartered in Florida, with approximately $5 billion in assets and over 60 locations along both Florida coasts and in southeast Florida. "The strong support and collaboration between our teams to complete this transaction is extremely gratifying and only serves to reinforce the benefits of this combination," said Kent Ellert, President and Chief Executive Officer. "On Monday, we look forward to working together to serve our clients as one team with additional products and enhanced financial resources," he added.
Florida Community Bank, N.A. Receives Regulatory Approval to Acquire Great Florida Bank.
Business Wire - Fri Jan 17, 7:00AM CST
Florida Community Bank, N.A. ("FCB" or the "Company"), a banking subsidiary of Bond Street Holdings, Inc. ("Bond Street"), today announced it has received regulatory approval from the Office of the Comptroller of the Currency to acquire Great Florida Bank ("Great Florida"). This approval represents the timely completion of the application process which began following the execution of a definitive acquisition agreement in July 2013. Based on the approval, the Company anticipates closing the acquisition of Great Florida on January 31, 2014. "This acquisition reflects the continuing successful execution of our strategic plan to foster FCB's continued growth, both strategically and organically, as our team works to establish FCB as the bank of choice for businesses, entrepreneurs, and personal consumers in Florida" added Kent Ellert, President and Chief Executive Officer of Florida Community Bank. "This transaction will more than double FCB's retail presence in South Florida and will continue to add momentum to our leading organic loan origination platform. Customers of both institutions will benefit from this expanded choice in locations, as well as from the banking experience and expanded product offerings brought about by the merger. Consistent with our previously completed eight successful acquisitions, this merger will significantly enhance our Florida footprint and will provide a foundation for us to augment our commercial lending team to further generate organic growth. We look forward to adding the employees of Great Florida Bank to our team and together creating an even stronger bank for our customers, employees and the communities we serve."
Market Maker Surveillance Report. LBIX, UQM, DATE, EXXI, GFLB, LITB, Winning Stocks With Lowest Price Friction For Wednesday, July 17th 2013
M2 - Thu Jul 18, 3:46AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 3910 companies with "abnormal" market making, 3003 companies with positive Friction Factors and 2100 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Wednesday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Leading Brands Inc (NASDAQ:LBIX), UQM Technologies Inc (AMEX:UQM), Jiayuan.com International Ltd (NASDAQ
ATE), Energy XXI (Bermuda) Ltd (NASDAQ:EXXI), GREAT FLORIDA BANK-CLASS A (OTC:GFLB), (NYSE:LITB). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net . 
