Sanibel Captiva Community Bank eclipses $1 billion in assets - Gulfshore Business
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Sanibel Captiva Community Bank eclipses $1 billion in assets - Gulfshore Business
Of about 40 banks based in Florida, only 15 of them have passed the $1 billion threshold in terms of assets held. Sanibel Captiva Community Bank just became one of them. The Sanibel Island-based bank, which has grown to nine branches since being established in 2003 with $27 million in assets, has doubled in size over the past five years, CEO Kyle DeCicco said. Of more than 4,500 community banks in the United States, only about 12% have reached t…
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