Bank reports good 2010
Published: Friday, January 21, 2011 at 9:37 a.m.
Last Modified: Friday, January 21, 2011 at 9:37 a.m.
Florida Community Bankshares, Inc., the holding company for Community Bank and Trust of Florida, has reported net income of $748,000 and total assets of $539.2 million for 2010.
The company further reported total capital of $35 million for 2010. Non-performing loans were 3.83 percent of total loans and delinquent loans were 0.59 percent of total outstanding loans.
The 2010 results are unaudited. Audited figures are expected by mid-March.
In a press release, Hugh F. Dailey, president of the company, said: “I am pleased to announce that our bank had another profitable year in 2010. In addition, we opened our eighth office located in Gainesville. We have a great staff with local market knowledge and expertise to help our customers navigate through this difficult economy.”
Community Bank and Trust of Florida, established in 1998, has eight offices with 108 employees in Ocala, Gainesville, Belleview and The Villages.
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