Rochester, NY 9/1/2009 10:34:50 AM
News / Business

TIB Financial Corp. TIBB,Trade down 8.81% at the end of the market hours

TIB Financial Corp.

TIB Bank, with $1.7 billion in assets, entered a memorandum of understanding with regulators on July 2, agreeing to move in good faith to raise its capital ratios to the higher levels by Dec. 31, the filing said. As of June 30, TIB Bank’s Tier 1 leverage capital ratio was 6.5 percent and its total risk-based capital ratio was 10 percent, the filing said.

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Last Trade:        1.45
Day's Range:      1.41 - 1.65
52wk Range:      1.34 - 7.09
Change:            Down 0.14 (8.81%)
Volume:            48,516
Avg Vol (3m):    14,364.6

About TIB Financial Corp.


TIB Financial Corp. (TIB Financial) is a financial holding company, whose business is conducted primarily through its wholly owned subsidiaries, TIB Bank, The Bank of Venice and Naples Capital Advisors, Inc. Together the Company has 28 full-service banking offices in Florida that are located in Monroe, Miami-Dade, Collier, Lee, and Sarasota counties. Through the Banks, it offers a range of commercial and retail banking and financial services to businesses and individuals. Its account services include checking, interest-bearing checking, money market, savings, certificates of deposit and individual retirement accounts. It offers all types of commercial loans, including: owner-operated commercial real estate; acquisition, development and construction; income-producing properties; working capital; inventory and receivable facilities, and equipment loans. TIB Financial also offers consumer loan products including residential real estate, installment loans, and home equity.

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