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Plant City Observer Tuesday, Nov. 1, 2016 1 year ago

Sunshine Bancorp completes Florida Bank of Commerce merger

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The acquisition was finished in October.

Sunshine Bancorp Inc. announced Tuesday, Nov. 1, that its merger with FBC Bancorp Inc. has been completed.

The merger now brings Sunshine Bank up to a total of 18 facilities throughout Central Florida operating under its banner. The core banking systems are expected to be converted by Saturday, Dec. 3.

“We are pleased to welcome the Florida Bank of Commerce team to the Sunshine family,” Sunshine Bancorp president and CEO Andrew Samuel said. “The financial institutions share a similar culture and banking philosophy with high performance, high service standards, and a strong commitment to the community. Our customers will continue banking with many of the same faces and benefit from an expanded suite of products and services with greater lending capacity.”

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