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Business Observer Friday, Nov. 16, 2012 9 years ago

Bank names market president

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Central Bank appoints Mike Durkin as Southwest Florida market president.

FORT MYERS — Central Bank, the Minnesota Bank that acquired two Southwest Florida banks during the bust, appointed Mike Durkin as Southwest Florida market president.

In June, Central Bank acquired Bank of Naples and its $147 million in assets. In November 2009, Central Bank acquired Commerce Bank of Southwest Florida in Fort Myers from the Federal Deposit Insurance Corp. after state regulators shut it down. Commerce Bank had $80 million in assets.

Durkin has been a banker in Florida since 1984. He joined Central Bank as president of the Naples office in June following the acquisition of Bank of Naples. Durkin will now oversee the Fort Myers market following the retirement of Bill Dean, the Fort Myers area president of Central Bank.

Central Bank is based in Stillwater, Minn., and has 21 branches in Minnesota, Wisconsin and Southwest Florida. The bank most recently reported $1.1 billion in assets.

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