Professional Bank Exceeds $500M in Assets

CORAL GABLES, Fla., Nov. 2, 2017 /PRNewswire/ -- Professional Holding Corp. (OTC: PFHD) announced today that Professional Bank, its principal subsidiary, exceeded $500M in assets for the first time in its nine plus year history.  Professional Bank is a Coral Gables-based community bank operating in the tri-county region of Miami-Dade, Broward and Palm Beach.  The Bank continues to experience steady growth in its deposit and loan portfolios, which it has demonstrated since its inception in the fall of 2008.  

The founders of Professional Bank set out to create a bank that appealed to professionals like themselves, so at a time when everyone was talking about product and pricing, they focused on people and culture.  This focus remains today as the Bank expands into new markets, adding a new full-service branch in Palm Beach Gardens to the two existing branches in Coral Gables, and two loan production offices in Boca Raton and Fort Lauderdale, respectively.   

"We are pleased with our growth and will continue to seek talented bankers and opportunities in new markets.  It's our culture of support for one another that enables the effective growth and expansion into new markets, we're careful not to lose sight of that," said Daniel R. Sheehan, Chairman & CEO of Professional Holding Corp., and Chairman of Professional Bank.

About Professional Bank and Professional Holding Corp.:
Professional Bank is a community bank that specializes in construction, residential and commercial real estate financing as well as business loans and lines of credit, including SBA.  Professional Bank serves the banking needs of its clients through a full offering of deposit products, cash management services, online and mobile banking.  For more information, please visit www.professionalbankfl.com.

Professional Holding Corp. (PHC) is a financial holding company headquartered in Coral Gables, Florida. PHC's principal subsidiary is Professional Bank which operates full-service branches and loan production offices in Miami-Dade, Palm Beach and Broward counties. PHC's Class A voting common stock is listed over the counter under the symbol "PFHD."

SOURCE Professional Bank

Related Links

https://www.professionalbankfl.com/