Floridian Community Bank to acquire the Floridian Community Holdings Inc.

FCB Financial Holdings, the parent company for Florida Community Bank, Florida’s largest community banking company and the second largest Florida-based independent bank, and Floridian Community Holdings, the parent company for Floridian Community Bank, jointly announced the signing of a definitive agreement for FCB to acquire Floridian Community by merger. Under the terms of the merger agreement, which has been unanimously approved by the Board of each company, the transaction is expected to close in the second quarter of 2018, subject to certain customary closing conditions, including among other things receipt of required regulatory approvals and the approval of Floridian Community shareholders.