June 18, 2013

FINANCE / WEALTH MANAGEMENT

The Year Ahead: Five Key Sectors - Adria Starkey

COO / Sanibel Captiva Trust Co., Naples

Mike Vogel | 1/15/2013

“Year-over-year growth, we’re looking for a 10% growth in customer fees, and that’s really from assets under management. We had a very strong 2012. We exceeded plan across the board. I have to believe 2013 is going to be a better year. The economy is slowly moving in the right direction. It starts to put confidence back in people. They’re starting to feel better about things.”

Money in the Bank (Florida)

Indicator 2010 2011 Q1 '12 Q2 '12
Institutions 247 227 222 217
Total assets (in billions) $150.8 $138.1 $140.4 $141.9
New institutions (less than 3 years) 15 5 3 2
Past due and non-accrual loans 6.28% 5.95% 5.47% 5.10%
Net loan losses (median) 1.78% 1.23% 0.44% 0.40%

Source: FDIC

Tags: Banking & Finance, CEO Sounding Board

Florida Business News

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Brevard couple sails around the world in 14.5 years
Brevard couple sails around the world in 14.5 years

To paraphrase a popular 1960’s TV theme song, just sit right back and you’ll hear a tale of a fateful trip. But instead of a three-hour boat tour, it took Rick and Suza Goltz of Cape Canaveral 14 and a half years to sail around the world.

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