Great Florida Bank announced earnings results for fourth quarter and full year December 31, 2009. For the quarter, the company reported net loss of $15.9 million for the last quarter of 2009 from $13.3 million quarter-on-quarter. For the full year 2009, the bank's net loss expanded to $46.8 million from $19.2 million a year ago.

Great Florida Bank announced on January 27, 2010 that it was notified on January 25, 2010 by The NASDAQ Stock Market that the Companys common stock price is now in compliance with Listing Rule 5450 (a)(1). Great Florida Banks common stock continues to trade on the NASDAQ Global Market.

Great Florida Bank has appointed Marianne Mulligan as vice president/loan compliance officer. Previously, Mulligan was a vice president at Riverside National Bank in Fort Pierce.

Great Florida Bank's Common Stock Regains Compliance With NASDAQ Minimum Bid Price Listing Rule

Quote: Press ReleaseSource: Great Florida BankOn Wednesday January 27, 2010, 12:45 pm EST(Nasdaq: - today announced it was notified on January 25, 2010 by The Nasdaq Stock Market ("NASDAQ") that the Company's common stock price is now in compliance with Listing Rule 5450 (a)(1). Great Florida Bank's common stock (Nasdaq: - (Nasdaq: - ), headquartered in Miami Lakes, Florida was established on June 30, 2004 as a state-charted commercial bank. The Bank listed on the NASDAQ Global Market on December 5, 20...
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Great Florida Bank's Common Stock Regains Compliance With NASDAQ Minimum Bid Price Listing Rule

Quote: Press ReleaseSource: Great Florida BankOn Wednesday January 27, 2010, 12:45 pm EST(Nasdaq: - today announced it was notified on January 25, 2010 by The Nasdaq Stock Market (“NASDAQ”) that the Company’s common stock price is now in compliance with Listing Rule 5450 (a)(1). Great Florida Bank’s common stock (Nasdaq: - (Nasdaq: - ), headquartered in Miami Lakes, Florida was established on June 30, 2004 as a state-charted commercial bank. The Bank listed on the NASDAQ Globa...
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Great Florida Bank Receives NASDAQ Minimum Bid Price Noncompliance Notice

Quote: Press ReleaseSource: Great Florida BankOn Tuesday January 12, 2010, 3:18 pm ESTMIAMI LAKES, Fla., Jan. 12, 2010 (GLOBE NEWSWIRE) -- Great Florida Bank (Nasdaq: -Great Florida Bank's common stock (Nasdaq: -Great Florida Bank (Nasdaq: - ), headquartered in Miami Lakes, Florida was established on June 30, 2004 as a state-charted commercial bank. The Bank listed on the NASDAQ Global Market on December 5, 2007 and joined the prestigious American Bankers Association Community Bank Index in June 2008. ...
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Great Florida Bank's Common Stock Regains Compliance With NASDAQ Minimum Bid Price Listing Rule

Quote: Press ReleaseSource: Great Florida BankOn Wednesday January 27, 2010, 12:45 pm EST(Nasdaq: - today announced it was notified on January 25, 2010 by The Nasdaq Stock Market (“NASDAQ”) that the Company’s common stock price is now in compliance with Listing Rule 5450 (a)(1). Great Florida Bank’s common stock (Nasdaq: - (Nasdaq: - ), headquartered in Miami Lakes, Florida was established on June 30, 2004 as a state-charted commercial bank. The Bank listed on the NASDAQ Globa...
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Great Florida Bank Receives NASDAQ Minimum Bid Price Noncompliance Notice

Quote: Press ReleaseSource: Great Florida BankOn Tuesday January 12, 2010, 3:18 pm ESTMIAMI LAKES, Fla., Jan. 12, 2010 (GLOBE NEWSWIRE) -- Great Florida Bank (Nasdaq: -Great Florida Bank's common stock (Nasdaq: -Great Florida Bank (Nasdaq: - ), headquartered in Miami Lakes, Florida was established on June 30, 2004 as a state-charted commercial bank. The Bank listed on the NASDAQ Global Market on December 5, 2007 and joined the prestigious American Bankers Association Community Bank Index in June 2008. ...
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David Hernandez of Great Florida Bank Nominated as Information Security Executive of the Year

Quote: The finalists and winners will be honored at a gala ceremony on March 26 in Atlanta.``This nomination validates our achievement in risk management and information security,'' said Mehdi Ghomeshi, CEO and President of Great Florida Bank. ``It is a terrific honor for David, as well as our bank.''The ISE Southeast Awards are held in conjunction with a two-day Executive Alliance Leadership Summit. The Summit is comprised of cutting-edge forums, speakers, panelists, and presentations to challenge cur...
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Great Florida Bank Reports Results for Third Quarter 2009

Quote: MIAMI LAKES, Fla.--(BUSINESS WIRE)--Great Florida Bank (NASDAQ:GFLB) today reported financial resultsfor the third quarter ended September 30, 2009. The Bank maintained itsstrong capital position, reporting Tier 1 Capital of $113.9 million anda Tier 1 Leverage ratio of 6.52%. In addition, the Bank reportedtangible equity (total equity net of unrealized gains on securities) of$121.4 million and a tangible equity to total assets ratio of 7.07%.Great Florida Bank continues to be a ‘well-capit...
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Great Florida Bank Announces Lifting of FDIC Cease and Desist Order

Quote: The order was lifted upon determination that Great Florida Bank had addressed these issues.``This is excellent news; we consider this a major accomplishment for our bank,'' stated Mehdi Ghomeshi, Chairman and CEO of Great Florida Bank. ``We worked diligently to correct these issues by putting the right people and technology in place. We are extremely proud of the Great Florida Bank team for strengthening our policies and procedures, and for their dedication to establishing a strong culture of co...
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