Homegrown Lee County bank hits $1B asset milestone

Sanibel Captiva Community Bank, founded 22 years ago, has surpassed a significant milestone: $1 billion in assets.

The bank, according to a statement, had $27 million in assets in its first year. Getting to $1 billion in assets represents 3,603.7% growth. 

“Reaching this milestone speaks to the trust our customers have in us, the strategic leadership of our board, the commitment of our shareholders and the tireless efforts of our team,” Sanibel Captiva Community Bank President and CEO Kyle DeCicco says in the statement. “This bank was built on relationships – putting people first, making decisions locally and reinvesting every possible dollar back into the communities we serve.”