65.6 F
The Villages
Friday, March 29, 2024

Community Bank & Trust of Florida reports strong start to 2016

Florida Community Bankshares, Inc., the holding company for Community Bank & Trust of Florida, has announced its financial results for the first quarter 2016.

Total Assets – $668.7 million

Net Income – $1.168 million year-to-date

Total Capital – $55.201 million or 8.3 percent of total assets Delinquent Loans at 0.02 percent of total loans. Well below industry averages.

Non-performing Assets were only 0.41 percent of Total Assets.

“Our local market knowledge and improving economy have helped our bank get a strong start in 2016,” said Hugh Dailey, president of Community Bank & Trust of Florida. “We have plenty of money to lend to local businesses and consumers. We also feature online consumer loans, mobile banking services and have friendly bankers that understand our customers’ needs.”

Buyer beware of Donald Trump’s Bible sales

In a Letter to the Editor, a Village of Liberty Park resident warns that the Bibles being sold by former President Trump may be shoddy.

Karen’s explanation raises more questions

A reader from Summerfield has a followup to Karen Hoerauf’s latest explanation about her intent with her original letter about flags.

The world knew we had a strong leader in Trump

A Village of Fernandina resident looks back on the record of former President Trump. Read his Letter to the Editor.

Neglect of golf course maintenance now costing us millions of dollars

In a Letter to the Editor, a Village of St. Charles resident argues that neglect of golf course maintenance is now costing residents millions of dollars.

Karen says her intent has been misinterpreted

A Village of Belle Aire resident who stirred quite a discussion with a previous Letter to the Editor, follows up to say that her intent was misinterpreted.