Florida Community Bankshares, Inc., the holding company for Community Bank & Trust of Florida, announced its financial results for the second quarter 2014. The company reported Total Assets of $621.1 million as of June 30, 2014 as well as Net Income of $2.184 million year-to-date. The company also reported that Total Capital was $53.0 million or 8.54% percent of Total Assets. Delinquent Loans were 0.06 percent of Total Loans Outstanding and Non-Performing Assets were 0.66 percent of Total Assets.
"We are very pleased with our mid-year financial performance,” said Hugh Dailey, president of Community Bank & Trust of Florida. ”We are equally proud of our two new banking offices opened during 2014. Our entire team is ready to grow our bank as the local economy continues to improve.”
Community Bank & Trust of Florida was established in 1998. The bank is a member of the FDIC and currently has 11 full-service banking offices with locations in Belleview, Gainesville, Ocala, Summerfield and The Villages. Its primary businesses are comprised of deposit, credit, trust, residential loans, commercial loans and investment services. The company has over $621 million in assets and employs 128 people.