LETTER from the Florida President, Susan Marie Smith
Florida Events More Events
1/31 Tampa Luncheon- Debt Restructuring
1/31/2012 - (Centre Club) -Tampa, FL
2/9 Jacksonville Luncheon-Real Estate Panel
2/9/2012 - (University Club of Jacksonville) -Jacksonville, FL
TMA Florida Winter Conference
2/23/2012 - (Omni Orlando Resort at ChampionsGate) -ChampionsGate, FL
TMA/CFA Annual Hockey Game
3/15/2012 - (BAnk Atlantic Stadium) -Fort Lauderdale, FL
3/27 Tampa Luncheon-Retail Panel
3/27/2012 - (Centre Club) -Tampa, FL
Business News from around Florida TMA News releases
Community Bank of Broward falls into red in Q4
1/27/2012 -
Community Bank of Broward’s run of profitability in 2011 ended in the fourth quarter as the bank suffered a loss.
The Weston-based bank lost $1.87 million in the fourth quarter after earning $322,000 in the third quarter. That wiped out its profits from earlier in the year – leaving the bank with a $1.11 million loss for 2011. It earned $418,000 in 2010.
Community Bank of Broward saw its expense to reserve for future loan losses increase to $3.8 million in the fourth quarter, up sharply from $475,000 in the previous quarter...
Clearwater celebrates Coast Guard distinction
1/27/2012 - The city of Clearwater has become one of 14 cities in the United States designated a “Coast Guard City.” The designation, endorsed by Congress and the Coast Guard, recognizes a community’s support to Coast Guard personnel and families. A public celebration of the designation is scheduled for Friday at 6 p.m. at the intersection of Cleveland Street and Garden Avenue. Mayor Frank Hibbard will be the master of ceremonies. Clearwater participates in an annual Coast Guard Birthday Celebration, recognizes “Coast Guard Persons of the Year," provides “welcome aboard” packages to arriving Coast Guard personnel and hosts the Coast Guard Band at Ruth Eckerd Hall...
CenterState Bank takes over First Guaranty Bank's deposits
1/27/2012 - First Guaranty Bank & Trust Co. of Jacksonville was closed today by the state and CenterState Bank of Florida NA of Winter Haven has assumed all the bank's deposits. The eight branches of First Guaranty will reopen on Monday as branches of CenterState Bank. First Guaranty Bank signed a deal to sell seven branches to Certus Bank in November. In addition to assuming all of the deposits of the failed bank, CenterState Bank agreed to buy essentially all of the assets. First Guaranty, like most community banks based in Northeast Florida, has struggled during the recession do its high amount of bad loans...
Officials to SunRail backers: Find a funding source
1/27/2012 -
Central Florida municipal, business and community leaders, and other backers of SunRail came out in full force on Jan. 27 for the official rail spike-hitting — not groundbreaking — of the 61-mile, $1.3 billion commuter rail project in Altamonte Springs.
Federal, state and local officials celebrated the project’s start and tipped their hats to the partnership — public and private — that was required to get SunRail approved.
Florida Department of Transportation officials, local mayors and commissioners were joined by transportation champions U...


