Press Release

Contact: Trevor R. Burgess
Title: Chief Executive Officer
Date: January 23, 2014
Phone: 845-233-0399
Email: Trevor.Burgess@C1Bank.com

C1 Bank Makes $419 million in New Loans During 2013

ST. PETERSBURG, Fla. - Trevor Burgess, C1 Bank CEO, announced today that C1 Bank made over $419 million in new loans during 2013, a record for the bank, building off of 2012's then record $205 million in new lending.

C1 Bank CEO, Trevor Burgess said, "We are committed to serving the needs of Florida's business community, its entrepreneurial leaders and their families. Every one of our loans supports Florida's growth and economic recovery. $419 million in new loans is a huge amount for a community bank and we are honored that so many great Florida businesses trust C1 Bank as their banking partner."

2013 earnings for C1 Bank were $12.2 million capping 15 consecutive quarters of profitability. Average ROE for the year was 11.7%, the third consecutive year of greater than 10% average ROE; a feat achieved by less than 10% of Florida's banks. Assets were $1.328 billion and revenue topped $68.4 million.

"Our earnings were helped by strong loan growth, the integration of August's acquisition of First Community Bank of Southwest Florida, and by the deposit growth from thousands of families and businesses that decided to bank with C1 Bank," added CEO Burgess.

In January C1 Bank opened its first Miami branch in the Wynwood Arts District and will quickly follow this spring and summer with new branches on Main Street in Sarasota, in Coral Gables, and in Doral.

Highlights:

Capital Ratios:

C1 Bank's capital ratios exceed all regulatory guidelines required to be considered well capitalized.

Ratio C1 Bank 12/31/13 Regulatory "Well Capitalized"
Tier 1 Leverage 9.28% 5.00%
Tier 1 Risk-based capital 10.48% 6.00%,
Total Risk-based capital 10.83% 10.00%

About C1 Bank:
C1 Bank is a local, independent bank that serves thousands of sophisticated savers and borrowers from 26 locations in Tampa Bay and the coast of southwest Florida, plus a loan production office in Miami, and online at www.C1Bank.com. C1 Bank CEO, Trevor Burgess, won Ernst & Young Entrepreneur Of The Year® 2013 in Florida in the Financial Services category. C1 Bank is a leader in checking, savings and money markets, residential mortgages, business loans, SBA loan programs, and association and treasury services. C1 Bank is the Official Bank of the Tampa Bay Buccaneers, the Official Bank of the Outback Bowl and a Corporate Partner of the Miami HEAT.

C1 Bank services include:

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