IberiaBank acquires Florida Bank Group

Published October 3, 2014 4:37pm ET



LAFAYETTE, La. (AP) — Louisiana-based IberiaBank Corp. will enlarge its Florida footprint through the acquisition of Florida Bank Group Inc. and its 13 branches. The cash-and-stock deal, announced Friday, is valued at roughly $90.5 million.

Florida Bank has eight offices in the Tampa area, three in Jacksonville, one in Tallahassee and one in Sarasota. The bank focuses on small business lending.

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