Rochester, NY 8/27/2009 9:46:49 PM
News / Business

TIB Financial Corp. (TIBB) Opened with Gain Down to 3.85%

TIB Financial Corp.

TIB Financial Corp., a financial holding company offering commercial and retail banking, and financial services to businesses and individuals in Florida, started today’s market with a gain down to 3.85%.

The company’s total volume is at 14,098.5 with a morning day range of 1.50 - 1.52. TIB Financial Corp. was founded in 1973 and is headquartered in Naples, Florida.

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Last Trade:      1.50
Day's Range:    1.50 - 1.52
52wk Range:    1.34 - 7.09
Change:          Down 0.06 (3.85%)
Volume:           2,032
Avg Vol (3m):   14,098.5

ABOUT TIB Financial Corp.,

TIB Financial Corp., a financial holding company, offers commercial and retail banking, and financial services to businesses and individuals in Florida. Its deposit products include checking, interest-bearing checking, money market, savings, certificates of deposit, and individual retirement accounts. The company's lending portfolio comprises consumer loan products, including residential real estate, installment loans, home equity, home equity lines, and auto loans; and commercial loan products, such as revolving lines of credit for working capital and term loans for the acquisition of equipment, funding property improvements, or other business related expenses. It also offers various commercial real estate loans to finance the acquisition and development of owner operated properties; acquisition, development, and construction of investment properties; builder construction lines of credit; and the purchase of income-producing properties, including office buildings, industrial buildings, self-storage, hotel/motel, medical centers, marinas, retail, and shopping centers. In addition, the company engages in the origination of mortgages for sale in the secondary market, as well as in the origination of primarily adjustable rate loans. Further, it provides electronically based products and services, such as debit cards, Internet banking, and electronic bill payment services, as well as wealth management, advisory, and trust services. As of December 31, 2008, the company operates 28 banking offices in Florida that are located in Monroe, Miami-Dade, Collier, Lee, and Sarasota counties.

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