FORT LAUDERDALE, Fla., Oct. 6 /PRNewswire-FirstCall/ -- R. Mark Manitz, President and CEO of Bank of Florida - Southeast, a subsidiary of Bancshares of Florida, Inc., recently announced that Roberto Pelaez has been appointed President for Miami-Dade County. (Photo: http://www.newscom.com/cgi-bin/prnh/20061006/CLF063 )
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Mr. Pelaez has over 27 years of banking experience in Miami-Dade County working with corporations, middle-market companies and small businesses. He joins Bank of Florida from Great Florida Bank where he established the Commercial Banking Division and served as its Director. He formerly headed the Corporate Banking Division for SouthTrust in Miami-Dade County serving clients with annual sales in excess of $15 million. Prior to that, he was the Director of Corporate Banking in Miami for both Bank United and Barclays Bank. Mr. Pelaez started his banking career at Barnett Bank in 1982 where he served for 16 years.
"Our company recently took some significant steps towards expanding our presence in Miami-Dade County with the opening of a banking center in the City of Aventura in August and the completion of the acquisition of Bristol Bank in Coral Gables in September," said R. Mark Manitz. "The groundwork is laid for continued growth, and we are so pleased to have Roberto join our team. He is a respected banker, knows the marketplace and shares our passion for relationship-driven financial services. Additionally, his international banking experience will help to facilitate our integration into such a diverse marketplace." A native of Santiago, Cuba, Mr. Pelaez is a graduate of Jacksonville University, in Jacksonville Florida with a Bachelors of Science Degree in Business Administration. He currently serves on the Board of The Center for Financial Training and the Industrial Development Authority. He is a past Board member for the American Heart Association - Miami-Dade County Chapter, American Red Cross, Junior Achievement, and past Chairman of Robert Morris & Associates of Miami-Dade County.
Bank of Florida - Southeast currently has over $370 million in assets with a total of five banking center locations.
Bancshares of Florida, Inc. (NASDAQ:BOFL) (Newspaper listing: "BcshFla") is an $845 million-asset multi-bank holding Company located in Naples, Florida. Bancshares is the parent company for Bank of Florida - Southwest, and Bank of Florida Trust Company, both based in Naples, Florida; Bank of Florida - Southeast, based in Fort Lauderdale, Florida; and Bank of Florida - Tampa Bay, based in Tampa, Florida, collectively referred to as the "Company." In addition, Bank of Florida - Southeast, maintains a full-service banking facility in Boca Raton, Florida.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 Certain statements in this press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which statements generally can be identified by the use of forward- looking terminology, such as "may," "will," "expect," "estimate," "anticipate," "believe," "target," "plan," "project," or "continue" or the negatives thereof or other variations thereon or similar terminology, and are made on the basis of management's plans and current analyses of Bancshares of Florida, Inc., its business and the industry as a whole. These forward-looking statements are subject to risks and uncertainties, including, but not limited to, economic conditions, competition, interest rate sensitivity and exposure to regulatory and legislative changes. The above factors, in some cases, have affected, and in the future could affect, Bancshares of Florida, Inc.'s financial performance and could cause actual results for fiscal 2006 and beyond to differ materially from those expressed or implied in such forward- looking statements. Bancshares of Florida, Inc. does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.
For More Information Contact: Sara Dewberry, Vice President of Marketing, Bancshares of Florida, Inc. http://www.newscom.com/cgi-bin/prnh/20061006/CLF063 http://photoarchive.ap.org/ DATASOURCE: Bank of Florida CONTACT: Sara Dewberry, Vice President of Marketing of Bancshares of Florida, Inc., +1-239-254-2118 Web site: http://www.bankofflorida.com/
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