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Two of the 64 Gulf Coast banks tracked by Bauer Financial received the independent research firm's highest rating in its most recent rankings update, issued today. Fourteen others were given a four-star, or “excellent” rating.
Twelve Gulf Coast banks received a zero-star rating, indicative of “considerable challenges” for those institutions, while three other banks received a one-star rating.
Those 31 banks at either end of the ratings spectrum are listed below, organized by rank:
FIVE STARS:
• Florida Shores Bank — Southwest (Venice)
• TCM Bank NA (Tampa)
FOUR STARS:
• Centerstate Bank NA (Zephyrhills)
• Edison National Bank (Fort Myers)
• FineMark National Bank & Trust
• First America Bank (Bradenton)
• Florida Gulf Bank (Fort Myers)
• Florida Traditions Bank (Dade City)
• Gateway Bank of Southwest Florida (Sarasota)
• Hillsboro Bank (Plant City)
• Members Trust Co. (Tampa)
• NorthStar Bank (Tampa)
• Raymond James Bank FSB (St. Petersburg)
• Sunshine State Federal Savings and Loan Assoc. (Plant City)
• USAmeriBank (Largo)
• Valrico State Bank (Valrico)
ONE STAR:
• Florida Bank (Tampa)
• Freedom Bank of America (St. Petersburg)
• Southern Commerce Bank NA (Tampa)
ZERO STARS:
• Bank of Naples (Naples)
• First Commercial Bank of Tampa Bay (Tampa)
• First Community Bank of America (Pinellas Park)
• First Community Bank of Southwest Florida (Fort Myers)
• First Home Bank (Seminole)
• LandMark Bank of Florida (Sarasota)
• Old Harbor Bank (Clearwater)
• Reliance Bank FSB (Fort Myers)
• Southshore Community Bank (Apollo Beach)
• Superior Bank (Tampa)
• The Bank of Commerce (Sarasota)
• The Royal Palm Bank of Florida (Naples)
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