Seacoast Banking Corporation of Florida completed the acquisiton of Apollo Bancshares for $168m.

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, completed the acquisiton of Apollo Bancshares, the parent company of Apollo Bank based in Miami, FL, for $168m. "Apollo Bank is a customer-focused franchise with an outstanding reputation for service excellence and deep customer relationships in this important market. We see a great opportunity to grow our presence and expand our position in South Florida by complementing Apollo’s strengths with Seacoast’s innovation and breadth of offerings," Charles M. Shaffer, Seacoast Chairman and CEO.