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Reunion Bank of Florida Announces 2012 Earnings Performance

The 2012 earnings performance of Reunion Bank of Florida shows the dedication of their strong team and supportive customers.

 
PRLog - Feb. 12, 2013 - Contact: Michael L. Sleaford – President and CEO      
Phone:  352.508.1030               
Cell:  352.459.5104
msleaford@reunionbank.com

TAVARES, FL - Mike Sleaford, Reunion Bank President and CEO, is pleased to announce the 2012 earnings performance of Reunion Bank of Florida.

“2012 was a year of prudent growth that resulted in strong earnings for the bank,” Mr. Sleaford stated. “Performance such as this not only reflects the dedication and commitment from the associates and an outstanding Board of Directors and Shareholders, but the foundation of our growth is the Reunion Bank customers,” he added.

Below are the financial results for 2012:
                                                              2012                    2011                          % increase
Total Assets:                                      $195,172m            $166,339m                     17.33%
Total Loans:                                       $132,876m            $121,310m                       9.5%
Total Deposits:                                  $171,772m            $148,826m                       15.42%
Net Income before Tax:                       $1,664,552              $913,229                        82.3%

In 2013 Reunion Bank will look forward to the commencement of three (3) new branch offices to be built through 2015. The first branch is slated to open in May 2013 in Ormond Beach (Volusia County).

Reunion Bank of Florida is headquartered in Tavares, Florida (Lake County) with a full service branch office in Port Orange, Florida (Volusia County) and a Loan Production Office in Kissimmee (Osceola County), Orlando (Orange County), and St. Augustine (St. Johns County). Their new Ormond Beach (Volusia County) branch is scheduled to be complete by the end of the first quarter. Reunion Bank of Florida’s markets served includes the counties of: Lake, Volusia, Osceola, Orange, Seminole, Flagler and St. Johns. Reunion Bank offers personal and business loans, checking and savings accounts and more.

For more information on Reunion Bank of Florida please call 352.508.1030, or visit them on the web at: www.reunionbank.com or https://www.facebook.com/reunionbankfl.

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Contact Email:
***@reunionbank.com Email Verified
Source:Reunion Bank
Phone:386-868-0068
Zip:32129
City/Town:Port Orange - Florida - United States
Industry:Banking, Business
Tags:reunion bank, 2012 earning, volusia banks, mike sleaford
Shortcut:prlog.org/12078499
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