Professional Holding Corp.
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ROIC.AI
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- Professional Holding Corp. (NASDAQ: PFHD), a financial holding company founded in 2008 and headquartered in Coral Gables, Florida, operates through its subsidiary Professional Bank, a Florida state-chartered community bank that provides commercial banking products and services to small- and medium-sized businesses, professional entrepreneurs, high net worth individuals, and families in the Miami-Dade, Broward, and Palm Beach tri-county region of South Florida. Core offerings include deposit products such as checking accounts, NOW accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; lending products comprising commercial loans, residential mortgage loans, home equity lines of credit, installment loans, consumer lines of credit, construction financing, commercial real estate loans, business loans, and Small Business Administration (SBA) loans; and additional services encompassing online and mobile banking, cash management, and treasury management. The company maintains a network of banking centers and loan production offices in South Florida, supplemented by a Digital Innovation Center in Cleveland, Ohio. In January 2023, Professional Holding Corp. completed its acquisition by Seacoast Banking Corporation of Florida (NASDAQ: SBCF), with Professional Bank merging into Seacoast National Bank as the surviving institution, expanding Seacoast's footprint in the dynamic South Florida market and integrating Professional's customer-focused operations, disciplined underwriting standards, and commercial lending expertise into a larger community banking franchise.
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