Transcription of ANNUAL REPORT 2017 - bacflorida.com
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ANNUAL REPORT 2017 - bacflorida.com
Looking forwardANNUALREPORT2017 OFPROTECTING, GROWING AND CARINGABOUT PEOPLE S FINANCIAL FUTURECELEBRATING2 2017 - BAC Florida Bank ANNUAL ReportTable of ContentsMessage from our ChairmenMessage from our President and CEOOur Vision, Mission and ValuesReal Estate FinancingPrivate Banking and Wealth ManagementBAC Florida Investments and Institutional BankingMy eBancCelebrating our 45th Anniversary Risk Management and Compliance Technology and Business SolutionsBAC in the CommunityOur Products and ServicesClient Business LinesCondensed Consolidated Financial StatementsFinancial HighlightsSelected Financial RatiosExecutive TeamBoard of .BAC Florida Bank ANNUAL REPORT - 20173 4 Message from our ChairmenDear Shareholders,Clients and Employees:BAC Florida Bank is celebrating its 45th anniversary since its establishment and 36 years since its acquisition by the Pellas Group. As we celebrate this anniversary milestone, it is gratifying for us to REPORT that during 2017 the Bank delivered another year of solid Florida s balance sheet shows strong asset quality and liquidity and the Bank remains well capitalized.
During 2017, we started a hurricane relief program to help low income families impacted by Hurricane Irma, addressing specifi c needs in our local community.
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