Home  |  Locations  |  Careers  |  Contact Us  

 




Problems Logging In?

Click Here to Login to eStatements


 
Home News

News:

2014 | 2013 | 2012 | 2011 | 2010 |

12/17/2012 FDIC Study finds Importance of Community Banks
12/17/2012 Childrens Home Society of Florida Thanks CBTFL for Placing Needy Children above Themselves with Holiday Toy Donations
11/05/2012 CBTFL Encourages Consumers to Go Local This Holiday Season
11/01/2012 CBTFLs Financial Literacy efforts highlighted in NerdWallet.com article
10/15/2012 Community Bank & Trust of Florida Celebrates Opening of Ninth Office with Ribbon Cutting Ceremony
10/15/2012 Community Bank & Trust of Florida names Banking Office Manager for Gainesville Branch
10/12/2012 Florida Community Bankshares, Inc. reports continued earnings growth from improving credit conditions in third quarter 2012
09/05/2012 CBTFL Names Residential Loan Officer for Gainesville Office
08/20/2012 Community Bank & Trust of Florida Officer Named to Childrens Home Society of Florida Board
08/09/2012 Community Bank & Trust of Florida Opens Ninth Office in Summerfield
08/07/2012 School Buses Come Alive at Community Bank & Trust of Florida to Help Operation: Stuff the Bus
07/18/2012 Florida Community Bankshares, Inc. reports higher earnings from improving credit conditions in Q2 2012
06/07/2012 CBTFL Continues Financial Literacy Programs in Local Schools and Businesses
06/05/2012 Planning Ahead Can Help You Keep Your Money Safe
05/21/2012 Community Bank & Trust of Florida names Marketing Officer
04/27/2012 Community Bank & Trust of Florida announces a new location
04/11/2012 Community Bank & Trust of Florida Announces 1st Quarter Earnings Results
04/02/2012 ICBA: Go Local During Community Banking Month
03/20/2012 Community Bank & Trust of Florida Supports Marion County Homeless Children
03/08/2012 Community Bank & Trust of Florida Participates in United Way Day of Caring
03/07/2012 Community Bank & Trust of Florida ATM Withdrawals Now Free At Presto! Machines
01/19/2012 Community Bank and Trust of Florida Announces Earning Results



FDIC Study finds Importance of Community Banks
   12/17/2012

FDIC Study Finds Community Banks Play Unique,

Vital Role in U.S. Economy

Study reemphasizes the Importance of Community Banks to the U.S. Banking System and to the Nation’s Main Street Communities.

The Federal Deposit Insurance Corporation (FDIC) Community Banking Study is the outcome of its yearlong Community Banking Initiative to explore issues and questions about community banks. Among its results, the study found that:

  • Community banks remain vital to the nation’s economy. As of 2011, community banks made up 95 percent of U.S. banking organizations, hold the majority of banking deposits in U.S. rural and micropolitan counties, and are the only physical banking presence in nearly one in five U.S. counties.
  • Community banks are relationship lenders. They are characterized by local ownership, local control and local decision-making, which fosters economic growth and helps ensure that the financial resources of local communities are put to work locally.
  • Community banks are inextricably connected to entrepreneurship. As of 2011, they held 14 percent of banking industry assets, but 46 percent of the industry’s small loans to farms and businesses.
  • Regulations have real costs. While no one regulation has significantly affected individual institutions, the cumulative effects of regulatory requirements have led them to increase staff over the past 10 years. Further, measuring the effect of regulation remains an important question.
  • Record-low interest rates affect the industry. The narrowing of interest rates by monetary policy makers places a significant drag on the earnings of community banks, which derive 80 percent of their revenue from net interest income compared with about two-thirds at non-community banks. The longer the normalization in rates is delayed, the longer community banks will experience a squeeze on their net interest margin.
  • Community banks incur lower credit losses than non-community banks. This difference has been most notable in economic downturns and is likely a result of the relationship-lending approach favored by most community banks.
  • Economies of scale are overblown. There does not appear to be much evidence to suggest that economies of scale are an important source of competitive disadvantage for most community banks or that they will compel significant additional consolidation in the years ahead.
  • Community banks are well-capitalized. Community banks reported higher capital ratios than non-community banks, and they mostly maintained this level of capitalization through internally-generated sources of capital.
  • Community banks hold relatively diversified asset portfolios. While the study categorizes community banks into seven lending specialty groups, the “no specialty” group was the largest in nearly every period.
  • Banking consolidation is stabilizing. Changes in the nature of U.S. economic growth could mitigate the disparity in growth rates between metro and non-metro areas that has limited the growth potential of community banks.

 

For more information on the FDIC Community Banking Study, please visit www.fdic.gov.

 




Childrens Home Society of Florida Thanks CBTFL for Placing Needy Children above Themselves with Holiday Toy Donations
   12/17/2012
Children’s Home Society of Florida Thanks Community Bank & Trust of Florida for Placing Needy Children above Themselves with Holiday Toy Donations





Children's Home Society of Florida's (CHS) Mid-Florida Division would like to thank Community Bank & Trust of Florida for their generous support this holiday season. Even in a depressed economy, our supporters have still found ways to greatly affect the lives of many children this holiday season.

Community Bank & Trust of Florida decided to for-go their annual Secret Santa this year in order to provide gifts for the children in need. Nine offices in all fulfilled 117 ornaments and provided a gift to each child that those ornaments represented. We would like to sincerely thank Bank President Hugh Dailey, Assistant Vice President, Trust Officer and Children’s Home Society of Florida’s, Mid-Florida Division Board Member Emily Humphreys-Beher, Senior Personal Banker Liz Cosme and all of the Community Bank & Trust family and customers for this outstanding goal.

Children's Home Society of Florida’s, Mid- Florida division, serving children and families in 18 counties, has collected holiday gifts for nearly 900 local children this year. Many of these children are in foster care after suffering abuse, neglect or abandonment, while others are from families that struggle to keep food on the table. Without the community’s support, these children would not have a single gift to open this holiday season.

Through the generous support of the community and businesses like Community Bank & Trust, Children’s Home Society of Florida is able to ensure that every child they serve will have a smile on his or her face this holiday season.




CBTFL Encourages Consumers to Go Local This Holiday Season
   11/05/2012
Community Bank & Trust of Florida Encourages Consumers to
Go Local This Holiday Season

Do At Least 30 Percent of Shopping at Small Businesses



As the holiday season quickly approaches and shoppers start making their lists and checking them twice, Community Bank & Trust of Florida (CBTFL) is encouraging them to Go Local and do at least 30 percent of their holiday shopping at area small businesses. By doing so, consumers will be supporting small businesses that create local jobs and fuel their local economy—making everyone’s holiday on Main Street a little bit sweeter.

“By purchasing even just a few items from small businesses within your community can have a big impact on the local economy,” said Hugh Dailey, president and CEO of Community Bank and Trust of Florida. “Not only will you be helping local entrepreneurs succeed, but you’ll also be making an investment in your community that you can be proud of.”

Encouraging consumers to do at least 30 percent of their holiday shopping at local small businesses isn’t a stretch for the nation’s more than 7,000 community banks. Community banks help small businesses succeed throughout the holiday season and beyond by lending to them. And because community banks are small businesses themselves, they partner with their small business customers to help them understand local market dynamics and the opportunities and challenges that small businesses in their area face. In fact, community banks under $10 billion in assets provide nearly 60 percent of small business loans between $100,000 and $1 million. Representing more than 24,000 locations nationwide and employing nearly 300,000 Americans.

“By lending to our local entrepreneurs and small businesses, we are not only helping the local economy thrive, but we are empowering them to do the same,” said Dailey.

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 9 full-service banking offices with locations in Belleview, Gainesville, Ocala, Summerfield and The Villages. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $551 million in assets and employs 115 people.




CBTFLs Financial Literacy efforts highlighted in NerdWallet.com article
   11/01/2012
Community Bank & Trust of Florida’s Financial Literacy efforts highlighted in NerdWallet.com article.

Read more here.



Community Bank & Trust of Florida Celebrates Opening of Ninth Office with Ribbon Cutting Ceremony
   10/15/2012
COMMUNITY BANK & TRUST OF FLORIDA CELEBRATES OPENING OF
NINTH OFFICE WITH RIBBON CUTTING CEREMONY



Ocala, FL. – Community Bank & Trust of Florida celebrated the opening of its 9th office in the Summerfield area with a grand opening and ribbon cutting ceremony on Wednesday, October 10th. The event featured a color presentation by the Umatilla High School JROTC, live music by Senior Moments Quartet, door prizes and refreshments.

“This was a wonderful event that gave us the opportunity to re-introduce ourselves to the community,” said Hugh Dailey, president & CEO of Community Bank & Trust of Florida. “We are very familiar with this market, and this branch will complement our existing Belleview and Villages offices.”

The event was attended by Lady Lake Mayor Jim Richards, members of the Lady Lake Chamber of Commerce and numerous members of the Summerfield community.

The Spruce Creek office opened its doors on September 10th. The office is open five days a week with hours of operation Monday through Thursday 9:00 a.m. to 4:00 p.m. and Friday 9:00 a.m. to 6:00 p.m.

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has nine full-service banking offices with locations in Belleview, Gainesville, Ocala, Summerfield and The Villages. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $552 million in assets and employs 115 people.




Community Bank & Trust of Florida names Banking Office Manager for Gainesville Branch
   10/15/2012
COMMUNITY BANK & TRUST OF FLORIDA NAMES BANKING OFFICE MANAGER FOR GAINESVILLE BRANCH



Madeleine Mills joined Community Bank & Trust of Florida as Assistant Vice President/Banking Office Manager for the Oaks Office located in Gainesville at 6120 N.W. 1st Place, adjacent to the Oaks Mall.

“We are very excited about the addition of Madeleine to our team,” said Hugh Dailey, president and CEO for Community Bank & Trust of Florida. “Adding her to our team reinforces our long term commitment to serving the needs of the Gainesville community.”

Mills comes to Community Bank & Trust of Florida with 29 years of retail banking experience. In this role, she will oversee all of the day to day operations, sales and business development of the Gainesville banking office.

Mills' most recent post was Branch Manager for SunTrust Bank in Gainesville where she started her banking career.

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 9 full-service banking offices with locations in Belleview, Gainesville, Ocala, Summerfield and The Villages. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $552 million in assets and employs 115 people.




Florida Community Bankshares, Inc. reports continued earnings growth from improving credit conditions in third quarter 2012
   10/12/2012
FLORIDA COMMUNITY BANKSHARES, INC. REPORTS CONTINUED EARNINGS GROWTH FROM IMPROVING CREDIT CONDITIONS IN THIRD QUARTER 2012



Ocala, FL - Florida Community Bankshares, Inc., the holding company for Community Bank & Trust of Florida, announced its financial results for the third quarter of 2012. The company reported Total Assets of $552.6 million as of September 30, 2012, as well as Net Income of $1.3 million for the third quarter, and $3.2 million Year to Date. The company also reported that Total Capital increased to $59.4 million or 10.75% of Total Assets. Delinquent Loans were 0.19% of Total Loans Outstanding and Non-Performing Assets were 2.23% of Total Assets.

“Once again we enjoyed solid earnings growth in the third quarter,” said Hugh F. Dailey, president of Community Bank & Trust of Florida. “We also opened our ninth office, as we continue our expansion and growth strategy. Our ability to expand while many banks are limited by their economic circumstances is a testament to the strength of our balance sheet and our talented employees.”

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 9 full-service banking offices with locations in Belleview, Gainesville, Ocala, Summerfield and The Villages. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has $552 million in assets and employs 115 people.




CBTFL Names Residential Loan Officer for Gainesville Office
   09/05/2012
COMMUNITY BANK & TRUST OF FLORIDA
NAMES RESIDENTIAL LOAN OFFICER
FOR GAINESVILLE OFFICE


Frederick “Ted” Harwood joined Community Bank &Trust of Florida on August 1st as Residential Loan Officer for its Gainesville office.

Harwood comes to Community Bank & Trust of Florida with over 20 years of banking and mortgage loan experience. In this role, he will oversee residential loan applications for the Gainesville and Alachua areas.

Harwood previously worked for Wells Fargo Mortgage in Gainesville as a Home Mortgage Consultant. Prior to that, he was a Mortgage Loan Officer for Wachovia Bank.

Harwood holds an associate’s degree in Business Administration from St. Joseph College in Bennington, VT.

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 9 full-service banking offices with locations in Belleview, Gainesville, Ocala, Summerfield and The Villages. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $551 million in assets and employs 115 people.




Community Bank & Trust of Florida Officer Named to Childrens Home Society of Florida Board
   08/20/2012
COMMUNITY BANK & TRUST OF FLORIDA OFFICER NAMED TO
CHILDREN’S HOME SOCIETY OF FLORIDA BOARD



Emily Humphreys-Beher, assistant Vice President and Trust Officer at Community Bank & Trust of Florida, has been named to a three-year term on the board of the Children’s Home Society of Florida, Mid-Florida Division.

“It is exciting to be involved with an agency that has such a dramatic impact on children in our community by improving the quality of their lives and building stronger families,” said Humphreys-Beher. “It’s an honor to be asked to serve on this board.”

Humphreys-Beher has close to 20 years banking experience. She is also an advocate for chronically ill and emotionally handicapped children. She holds a master’s degree from Indiana University.

Children's Home Society of Florida is one of the oldest and largest statewide children's advocacy organizations in the State of Florida. Founded in 1902 as an adoption agency, they have since placed more than 37,000 children in loving, adoptive homes. Their mission has expanded over the decades and with the mission of "Embracing Children. Inspiring Lives," Children's Home Society of Florida now delivers a unique spectrum of social services designed to protect children at risk of abuse, neglect, or abandonment; to strengthen and stabilize families; to help families break the cycle of abuse and neglect; and to find safe, loving homes for children.

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 9 full-service banking offices with locations in Belleview, Gainesville, Summerfield, Ocala and The Villages. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $551 million in assets and employs 115 people.




Community Bank & Trust of Florida Opens Ninth Office in Summerfield
   08/09/2012
COMMUNITY BANK & TRUST OF FLORIDA OPENS
NINTH OFFICE IN SUMMERFIELD


Ocala, FL. – Community Bank & Trust of Florida announced it opened a new full-service office today. The new office is located at 11220 SE 179th Place, Summerfield, Florida. This new office continues the Bank's planned expansion of its branch network, bringing the total number of offices in the tri-county area to nine.

“We are excited to be a part of the Summerfield community,” said Hugh Dailey, president & CEO of Community Bank & Trust of Florida. “The opening of a full-service office in the Summerfield market represents our continued commitment to serve the people of this area.”

The Spruce Creek office will be open five days a week with hours of operation Monday through Thursday 9:00 a.m. to 4:00 p.m. and Friday 9:00 a.m. to 6:00 p.m.

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has nine full-service banking offices with locations in Belleview, Gainesville, Ocala, Summerfield and The Villages. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $551 million in assets and employs 115 people.



School Buses Come Alive at Community Bank & Trust of Florida to Help Operation: Stuff the Bus
   08/07/2012


SCHOOL BUSES COME ALIVE AT COMMUNITY BANK & TRUST OF FLORIDA TO
HELP OPERATION: STUFF THE BUS


Flashing lights and sounds of school buses emanate throughout the lobbies of Community Bank & Trust of Florida these days. Employees of the bank have created some unique and attention-grabbing “buses” to hold donations for Operation: Stuff the Bus, an annual program co-sponsored by Marion County Public Schools and local military organizations, to benefit homeless students in Marion County.

“Our employees were really excited about getting involved in this program,” said Hugh Dailey, president and CEO for Community Bank & Trust of Florida. “They spent a lot of time and effort on this project and came up with some really great buses.”

The “buses” are made with everything from wood, cardboard and used recycled materials, to lights and sound effects. Many are decorated with photos of employees and general photos of children. One even has real photos of bank employees when they were kids looking out the windows of the bus. Each Community Bank & Trust of Florida office in Marion County created a bus to hold donated school supplies, which will help more than 2,000 needy students throughout Marion County Public Schools. The buses are located in the lobby of each office, with one office even creating its own bus stop and bus bench as part of the fun.

“The buses have gotten a lot of attention from our bank customers,” said Dailey. “So much so, that we’ve raised $231 in monetary donations and the buses are overflowing with donated school supplies. It’s nice to know that we can foster this type of response from our employees and our customers to help kids in our community.”



Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 8 full-service banking offices with locations in Belleview, Gainesville, Ocala and The Villages, with a Summerfield branch opening soon. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $551 million in assets and employs 115 people.



Florida Community Bankshares, Inc. reports higher earnings from improving credit conditions in Q2 2012
   07/18/2012
FLORIDA COMMUNITY BANKSHARES, INC. REPORTS HIGHER EARNINGS FROM IMPROVING CREDIT CONDITIONS IN SECOND QUARTER 2012


Ocala, FL - Florida Community Bankshares, Inc., the holding company for Community Bank & Trust of Florida, announced its financial results for the second quarter of 2012. The company reported Total Assets of $551.5 million as of June 30, 2012, as well as Net Income of $1.2 million for the second quarter, and $1.9 million Year to Date. The company also reported that Total Capital increased to $58.7 million or 10.64% of Total Assets. Delinquent Loans were 1.12% of Total Loans Outstanding and Non-Performing Assets were 2.23% of Total Assets.

"We enjoyed solid earnings growth in the second quarter," said Hugh F. Dailey, president of Community Bank & Trust of Florida. "We are pleased with our overall performance despite the challenging economic environment. The results reflect the strength of our business model, balance sheet and our continuing ability to return capital to our shareholders while maintaining a strong position."

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 8 full-service banking offices with locations in Belleview, Gainesville, Ocala and The Villages, with a second Villages branch opening soon. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has $551 million in assets and employs 114 people.



CBTFL Continues Financial Literacy Programs in Local Schools and Businesses
   06/07/2012
Community Bank & Trust of Florida Continues Financial Literacy Programs in Local Schools and Businesses


Community Bank & Trust of Florida helped teach financial literacy to 694 local citizens during the first part of 2012. Twenty employees of the bank spent countless hours at local schools and businesses teaching subjects like the importance of saving to how to protect your credit.

"Financial literacy is a very important part of education today," said Hugh Dailey, president and CEO of Community Bank & Trust of Florida. "We are committed to helping the community obtain this education, and we are very thankful to all of our employees who have volunteered their time to help support this initiative and to the schools and businesses who believe in these programs as well."

The schools and businesses involved were in Alachua and Marion County and included Anthony Elementary, Greenway Elementary, Liberty Middle, Marion Technical Institute, North Marion High School, Pentecostal Full Gospel Church, Reddick Elementary, Sparr Elementary, Shady Hill Elementary, South Ocala Elementary, University of Florida, and the University of Florida Extension Office.

Several financial literacy programs were presented to the community by bank volunteers. Junior Achievement's Economics for Success and Our Nation programs provide practical information about personal finance that aim to encourage students to make informed educational, career, and life decisions. Teach Children to Save has partnered with banks for 15 years to help students learn the importance of saving, even at a very young age. In addition, bank employees volunteer to help local individuals with income tax preparation thru the Volunteer Income Tax Assistance Program (VITA) sponsored by our local United Way.

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 8 full-service banking offices with locations in Belleview, Gainesville, Ocala and The Villages, with a second Villages branch opening soon. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $540 million in assets and employs 118 people.




Planning Ahead Can Help You Keep Your Money Safe
   06/05/2012
Planning Ahead Can Help You Keep Your Money Safe
ICBA Offers Tips for Travelers

Washington, D.C. (June 5, 2012)-With the kickoff of summer just around the corner and many Americans planning to hit the road or the skies for their much-anticipated summer vacation, the Independent Community Bankers of America (ICBA) and the nation's more than 7,000 community banks want consumers to have the information they need before they leave home to keep their money safe.

"Whether your summer vacation takes you to the other side of the globe or just to the nearest beach, it’s always important to protect your money while you travel" said Jeff Gerhart, ICBA chairman and chairman of Bank of Newman Grove, Neb. "Relationship-focused community bankers can work one-on-one with their customers to prepare them for all kinds of emergencies from a lost wallet to identity theft."

Financial professionals agree that the safest and most convenient way to travel with your money is to take a small amount of cash with you. It's also a good idea to carry a debit, credit or ATM card. These cards are convenient while traveling because they are easy to carry, easy to use and often offer the lowest fees and the best exchange rates.

However, travelers still need to plan ahead to be prepared. To help, ICBA offers these tips to consumers about what they need to take care of before they take off:
  • Let your community bank know when and where you will be traveling to avoid account holds or transaction rejections when out-of-the-ordinary transactions are presented for processing or posted.
  • If you're traveling overseas, keep in mind that ATMs in many countries only accept four-digit personal identification numbers (PINs) and some countries have keyboards with numbers only, while others do not acknowledge zeros. Ask your community bank if you should create a new PIN for your account before you take your trip.
  • Carry a back-up card that you keep in a separate place. Families or couples may get even greater back-up coverage if each person takes a different card.
  • Make copies of all the cards you’ll be carrying. Be sure to copy the front and back of the card. Take a copy with you and give a copy to someone you trust back home. Be sure to also include the security code for the card and the customer service phone number.
  • Set up transaction alerts for credit and debit cards. This will allow you to be informed much faster of any transactions that occur on your cards and shut down fraudulent activity.
  • Bring a list of emergency phone numbers, but remember, 800 numbers can only be used in the United States and Canada. Be sure to get a number for your bank that you can call if you're out of the country.
  • Many credit cards provide travel accident insurance and traveler's assistance. Ask your community bank what special services are available through your card.
  • Check your balance before you leave. Know the limits on how much you can withdraw. Save all your receipts.
  • Thoroughly check any ATMs that you use; fraudsters are increasingly altering the facades of ATMs in an effort to capture card data. Ensure the card reader does not look tampered with and pull on it to ensure it’s not a layover.
"Remember, in the event that something unfortunate does happen, community bankers are always just a phone call away; ready and able to help their customers" said Gerhart.

For more information about what to do if your card is lost or stolen or if you need additional help, visit http://usa.visa.com/personal/using_visa/travel_with_visa.html or http://www.mastercard.us/support/lost-card.html.

To learn more about ICBA, visit www.icba.org.



Community Bank & Trust of Florida names Marketing Officer
   05/21/2012
COMMUNITY BANK & TRUST OF FLORIDA NAMES MARKETING OFFICER


Tara Bauer joined Community Bank &Trust of Florida as Marketing and Brand Management Officer on May 15th.

"Mrs. Bauer brings many years of experience in all aspects of marketing and communications to our company," said Hugh Dailey, president and CEO for Community Bank & Trust of Florida. "We are excited to add this position to our administrative staff and look forward to her input in assisting with our strategic goals."

Bauer comes to Community Bank & Trust with 14 years of marketing, public relations and communication experience. In this role, she will oversee all aspects of the marketing program including public relations, advertising, branding and strategic planning.

Bauer's most recent post was Facility Administrator for The Orthopaedic Institute in Ocala. Prior to that, she was Marketing Manager for Ocala Health System.

Bauer holds a bachelor's degree in Communication from Florida Atlantic University.

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 8 full-service banking offices with locations in Belleview, Gainesville, Ocala and The Villages, with a second Villages branch opening soon. Its primary businesses are comprised of deposit, credit, trust, residential and commercial loans and investment services. The company has over $540 million in assets and employs 118 people.




Community Bank & Trust of Florida announces a new location
   04/27/2012
Community Bank & Trust of Florida announces a new location…


Ocala, FL –Community Bank & Trust of Florida announced plans to open its 9th banking office to be located on U.S. 441 at 11220 SE 179th Place, near The Villages. It will be a full-service banking facility with multiple drive-thru lanes, an ATM, and safe deposit boxes. The office is scheduled to open the summer of 2012. Hugh Dailey, Community Bank & Trust's President and CEO, stated: "We are excited to be adding our second location in this dynamic market. We have been very pleased with the success of our office located in The Villages Financial Center in Sumter County. In addition to being able to better serve our customers, this expansion will create five new jobs in the local community at a time when unemployment remains very high."

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 8 full-service banking offices with locations in Gainesville, Ocala, Belleview and The Villages, along with trust and investment services. The company has over $540 million in assets and employs 118 people.



Community Bank & Trust of Florida Announces 1st Quarter Earnings Results
   04/11/2012
Community Bank & Trust of Florida Announces 1st Quarter Earnings Results


Ocala, FL - Florida Community Bankshares, Inc., the holding company for Community Bank & Trust of Florida, announced its financial results for the first quarter of 2012. The company reported Total Assets of $550.6 million as of March 31, 2012 as well as Net Income of $724 thousand for the quarter. The company also reported that Total Capital increased to $56.7 million or 10.29% of Total Assets. Delinquent Loans were 0.47% of Total Loans Outstanding and Non-Performing Assets were 2.00% of Total Assets.

"We are beginning to see positive trends in the communities we serve." Hugh F. Dailey, President of the company, said. "We have plenty of money to lend to assist local folks with personal needs, housing, or for business expansion. Many local borrowers have successfully reduced debt to survive the great recession. As we begin to see some positive economic signs, we are eager to help our communities get back to work."

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and has 8 full-service banking offices along with trust and investment services. The company employs 112 people with banking offices located in Gainesville, Ocala, Belleview and The Villages.




ICBA: Go Local During Community Banking Month
   04/02/2012
ICBA: Go Local During Community Banking Month


Washington, D.C. (April 2, 2012)—April is Community Banking Month, and the Independent Community Bankers of America (ICBA) and its nearly 5,000 community bank members are encouraging consumers and small business owners to Go Local by banking locally with a community bank. Because community banks put local deposits back to work in the community, and are financial first responders both in good times and in bad, consumers will be reinvesting in their neighborhood and making it a better place to live and work for generations to come.

States, local governments, and community banks recognize Community Banking Month. Some community banks partner with local charities to host special events, while others promote economic development initiatives. Many community banks traditionally mark the month by highlighting their community service or financial education programs.

"Community banks proudly embody the American spirit of Main Street by lending to local small business owners, helping area families achieve financial stability and enabling their local economy and community to thrive. And this isn't a new phenomenon. Many community banks have been around for over a hundred years, and like mine, many are still family owned and operated," said Jeff Gerhart, ICBA chairman and chairman of Bank of Newman Grove, Neb. "I'm so proud to be a community banker and I'm thrilled to celebrate Community Banking Month by encouraging consumers and small business owners to Go Local so they too can realize the benefits of banking locally, and make a real difference in their community and local economy."

By driving local economies and creating local jobs, community banks are an integral part of our nation's financial system. Of the more than 7,000 community banks across the country, nearly 5,000 are ICBA members. Representing more than 24,000 locations nationwide and employing nearly 300,000 Americans, ICBA members hold more than $1.2 trillion in assets, $1 trillion in deposits, and nearly $750 billion in loans to consumers, small businesses and the agricultural community. Located in small towns, suburbia and big-city neighborhoods, community banks improve the nation's communities by lending to local customers and funding nearly 60 percent of all small businesses under $1 million.

"As small businesses themselves, community banks are relationship lenders that only thrive when their customers and communities do the same, so taking care of their customers and looking out for the best interest of their community is the way they do business," said Camden R. Fine, ICBA president and CEO.

Fine went on to say that he encourages consumers to make Community Banking Month a reason to find their local community bank. He said consumers can do so by visiting ICBA's Community Bank Locator at www.banklocally.org. "Simply type in your zip code and the app will show you all the community banks in your area. You can even download free ICBA locator apps for your iPhone, Android or Blackberry," he said. "We've made it simple so all you need to do go down the street, meet with a community banker face-to-face and see if making the switch is right for you."

To follow the conversation on Community Banking Month, follow the hashtag #golocal on Twitter. To learn more about community banks, please click on the following links or visit www.icba.org.



Community Bank & Trust of Florida Supports Marion County Homeless Children
   03/20/2012
Community Bank & Trust of Florida Supports Marion County Homeless Children


Community Bank & Trust of Florida's 10th Annual Tee Time for Tots Golf Tournament was held March 3th at Eagle Ridge Golf Club to benefit the Marion County Public Schools Homeless Children and Youth Program. Over the past 10 years, with the generous help of our employees, customers and sponsors, Community Bank & Trust of Florida golf tournaments have raised and donated nearly $94,000 exclusively for the benefit of local children. This year alone, we raised and donated $11, 600 to the Homeless Children and Youth Program.

Community Bank & Trust of Florida is a proud supporter of the Marion County Public Schools Homeless Children and Youth Program.

For more information on this worthwhile cause contact the Homeless Children and Youth Program at 352.671.6847



Community Bank & Trust of Florida Participates in United Way Day of Caring
   03/08/2012
Community Bank & Trust of Florida Participates in United Way Day of Caring



Community Bank & Trust of Florida had 28 employees, family and friends volunteer for the 19th Annual United Way of Marion County's Day of Caring on Saturday, February 25th, 2012. The bank partnered with The Pace Center for Girls, providing volunteers who painted, cleaned and organized their storage rooms. Day of Caring offers businesses, individuals, organizations and civic clubs the opportunity to help local nonprofit human service agencies accomplish much-needed projects during one day of organized volunteerism.

Community Bank & Trust of Florida is a proud supporter of our local United Way organizations.

For more information on United Way of Marion County visit www.uwmc.org.




Community Bank & Trust of Florida ATM Withdrawals Now Free At Presto! Machines
   03/07/2012
Community Bank & Trust of Florida ATM Withdrawals Now Free At Presto Machines


Community Bank & Trust of Florida is pleased to announce that we are now participating in the Presto network, making ATM withdrawals done by Community Bank & Trust of Florida customers at Presto machines completely free of charge. Customers now have access to over 1,000 ATMs at Publix stores located throughout the Southeastern United States. For more information please call one of our branch offices at 352-369-1000 or for a listing of Presto machines visit publix.com/presto.



Community Bank and Trust of Florida Announces Earning Results
   01/19/2012
FOR IMMEDIATE RELEASE
For further information contact:
Community Bank & Trust of Florida
352-369-1000

January 19, 2012

Community Bank & Trust of Florida Announces Earning Results


Ocala, FL - Florida Community Bankshares, Inc., the holding company for Community Bank & Trust of Florida, announced its financial results for 2011. The company reported Total Assets of $546.3 million as of December 31, 2011 as well as Net Income of $2.273 million for the year. The company also reported that Total Capital increased to $56.2 million or 10.29% of Total Assets. Delinquent Loans were 0.29% of Total Loans Outstanding and Non-Performing Assets were 2.19% of Total Assets. The audited results are expected to be available in March, 2012.

The financial performance of the company created the opportunity for the board to declare the company's first dividend for its shareholders. On January 13th, the company mailed dividend checks of 10 cents per share to its shareholders.

"We are committed to contributing to the communities where we do business. We were able to distribute dividends to our local shareholders in a tough economy instead of funneling profits through Wall Street like the Big Banks." Hugh F. Dailey, President of the company, said. "We do not have European investments or exotic investments that we don't understand. We have local employees that live and work here just like our customers. We are proud of our folks and we are looking forward to improvements in our local economy in 2012."

Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and has 8 full-service banking offices along with trust and investment services. The company employs 109 people with banking offices located in Gainesville, Ocala, Belleview and The Villages.




Note: Documents are presented in Adobe Acrobat format. If you do not already have Acrobat Reader installed on your computer you can click the link on the right to download and install the software.


  USA Patriot Act Privacy Practices Security Information Terms of Use Feedback
Personal Checking | Savings | CD Rates | Business Checking | Mortgages | Mortgage Rates | Loans | Investment Management | About Ocala  © Copyright 2014 Community Bank & Trust of Florida.  All Rights Reserved. 
To report a lost/stolen check card please call 1-800-528-2273 
 FDIC Insurance Coverage. Learn more  
Member FDIC     Equal Housing Lender