Florida Banking October/November 2024

THE MAGAZINE OF THE FLORIDA BANKERS ASSOCIATION WWW.FLORIDABANKERS.COM SEPTEMBER 2020 Central Bank: Providing Service with a Personal Touch THE MTAHGEAMZIANGEAOZFINTEHOEF LTOHERIFDLAOBRIADNAKBEARNSKAESRSSOACSIASOTICOIANTION WWW.FLORIDABANKERS.COM SEPTEMBER 2020 WWW.FLORIDABANKERS.COM OCTOBER | NOVEMBER 2024

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THE MAGAZINE OF THE FLORIDA BANKERS ASSOCIATION

VOLUME 39

NUMBER 8 OCTOBER/NOVEMBER 2024

ON THE COVER 8 - - - - - Central Bank: Providing Service with a Personal Touch CONTENTS 4 - - - - - - - - - - Chair’s Message Ensuring the Future of Banking Through Continuing Education 6 - - - - - - President's Perspective Peer Groups: Bringing Value to You and FBA 12 - - BancServ Endorsed Partner Florida Bankers Health Consortium: “WELL-Come to Your Health” 14 - - - - - - - - - BankPac Update 16 - - - - - Government Relations The Primaries Are Over – Did You Vote? 18 - - - - Faces of the Foundation Meet Anna Causey 20 - - - - - - Personal Transactions 24 - - - - - - - - - - - - - - Kudos 28 - - - - - - - - - - Remembering Dr. Ernest ‘Ernie’ Swift A Pillar of Banking Education 30 - - - - - - - - Upcoming Events 31 - - - - - - Advertising Directory 31 - - - - - - - - - -DidYouKnow?

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On the Cover: Central Bank Principal Executive Officers (left to right) David Edgar, Raj Patel, John Thompson and Nilesh Patel

Florida Bankers Association pricco@floridabankers.com Suellen Wilkins Director of Communications Florida Bankers Association swilkins@floridabankers.com

Photos by Steven Martine Photography

Derek Jones Chair

Keith Costello Chair-Elect

Jose Cueto Immediate Past Chair

4

6

Florida Bankers Association: The voice of Florida banking since 1888.

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CHAIR’S MESSAGE

ENSURING THE FUTURE OF BANKING THROUGH CONTINUING EDUCATION

BY DEREK JONES, FBA CHAIR

A s chairman of the Florida Bankers Association, I am constantly reminded of the dynamic nature of our industry. The financial sector is evolving rapidly, shaped by technological advancements, regulatory changes and shifting consumer expectations. In this ever-changing landscape, the key to maintaining a robust and resilient banking industry lies in our commitment to continuous learning and professional development.

navigate the complexities of modern banking and to innovate in ways that will sustain our industry for decades to come. Moreover, the pace of technological change in banking demands that we continually update our skill sets. The rise of digital banking, artificial intelligence and blockchain technology has fundamentally altered how we conduct business. Without a strong

foundation in these emerging technologies, our banks risk falling behind in an increasingly competitive market. Our continuing education events offer in-depth training on these topics, ensuring our members are well-equipped to leverage new tools and technologies to benefit their institutions and their customers. As we look to the future, the importance of our continuing education programs cannot be overstated. These events are more than just opportunities

“BY SUPPORTING LIFELONG LEARNING, WE ARE ENSURING OUR BANKS REMAIN STRONG, INNOVATIVE AND CAPABLE

Our association’s continuing education events are not just optional gatherings; they are vital to the future of the banking industry. These events serve as crucial touchpoints for bankers at all levels – whether they are just starting their careers or are seasoned professionals. By participating in these programs, our members can stay ahead of industry trends, adapt to new regulations and enhance their skills in areas such as risk management, customer service and technology integration.

OF MEETING THE CHALLENGES OF TOMORROW.”

for professional development; they are investments in the future of our industry. By supporting lifelong learning, we are ensuring our banks remain strong, innovative and capable of meeting the challenges of tomorrow. I encourage all of our members to take full advantage of the educational opportunities offered by the Florida Bankers Association. Together, we can build a banking industry that is prepared not just to survive, but to thrive in the years ahead.

One of the most significant challenges the banking industry faces today is the need to cultivate a strong pipeline of future leaders. The demographic shifts within our workforce are undeniable. As seasoned professionals retire, it is imperative that we prepare the next generation to step into leadership roles. Our continuing education programs play a crucial role in this succession planning. They provide emerging leaders with the knowledge and skills they need to

4 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

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PRESIDENT'S PERSPECTIVE

PEER GROUPS: BRINGING VALUE TO YOU AND FBA

BY KATHY KRANINGER, FBA PRESIDENT AND CEO

K nowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value. – Louis L’Amour I was excited to be CEO of FBA for two key reasons – first, the opportunity to support our fantastic bankers

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its engagement pillar, and we are launching a number of peer groups to carry it out. Peer groups provide vital forums where ideas flow freely and new perspectives emerge, often leading to breakthroughs that would be impossible to achieve alone. For example, consider the insights gained from

and all that you do as pillars of our communities; second, the opportunity to engage with other state banking associations, ABA, ICBA and peer business organizations. Relevant to this column, I am incredibly grateful for the network of state banking association CEOs whose strong relationships carry to our teams. We are regularly sharing ideas, tackling challenges and leveraging resources – ensuring I can bring the best to FBA’s mission of supporting you as you serve your communities. In our fast-paced world, few things are as valuable

discussing how different institutions are tackling the same issue — whether it’s cybersecurity threats, compliance burdens or digital transformation. What works for one organization might not work for another, but through conversation and shared experiences, we can uncover approaches that best fit our unique contexts. These interactions help us make informed decisions, mitigate risks and, ultimately, drive better outcomes for our institutions and the communities we serve. The value of engagement also goes beyond problem

“PEER GROUPS PROVIDE VITAL FORUMS WHERE IDEAS FLOW FREELY AND NEW PERSPECTIVES EMERGE, OFTEN LEADING TO BREAKTHROUGHS THAT WOULD BE IMPOSSIBLE TO ACHIEVE ALONE.”

solving to building relationships that foster trust and collaboration and extend outside the meeting room. This level of engagement requires an ongoing commitment. The kind of commitment I see in our membership and that the FBA Board wants to ensure is here for the next generation of bankers.

as the strength of our connections. As bankers, you know that inherently when it comes to your customers and communities. Many of you have noted the value you find in engaging with each other as peers who face common challenges or serve in similar roles. Our new FBA strategic plan reflects that interest in

6 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

That is why our most significant peer effort is around “Horizon Bankers” or emerging leaders (name is still TBD!). In September, we started monthly virtual meetings with a core group of volunteer bankers to organize the effort. If you are interested in being involved, please reach out to me or Pam Ricco. The group wants to facilitate in-person events regionally as a starting point, inviting a broad range of local bankers and potentially having a short program along with networking. Please look out for information in your area! We have also started virtual peer groups for HR/People, CIO/CTO, and independent trust company leaders. More are coming, based on banker interests. In addition, we are holding in-person, CEO peer breakfasts around the state hosted by bankers. I encourage all of you to take full advantage of the opportunities available within our association. Join a peer group or propose one, attend events, engage in discussions and share your experiences. By doing so, you not only contribute to your personal and professional growth, but help strengthen the fabric of our entire industry.

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Central Bank: Providing Service with a Personal Touch

8 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

T ampa-based Central Bank was founded in 2007 as a Minority Deposit Institution (MDI) to serve the large Asian Indian community and local small businesses. Despite opening its doors amid the challenges of the financial crisis, the commercial bank not only survived but has been growing since 2014. Today, the bank has over $300 million in assets and four offices in Tampa, Winter Park, St. Augustine and Suwanee (NE Atlanta). The FDIC defines an MDI as a federal insured depository institution where 51% or more of the voting stock is owned by minority individuals; Central Bank’s parent, Central Financial Holdings, is 95.1% Asian Indian owned. As part of its commitment to support MDIs and CDFI, in 2021, Bank of America invested in Central Financial Holdings. “At the founding of Central Bank, there was no Asian Indian bank in Florida,” said Founding Director and Chairman Rajeshkumar (Raj) Patel. “We are a leading MDI bank focused on the Indian community in our various markets for about 30 percent of our new business. Otherwise, we service the broad needs of all sectors of our primary markets.” “Our board is made up of Asian Indian entrepreneurs and successful businessmen,” said President and CEO John Thompson, who joined the bank in 2014. “We are very diverse from an ownership, staffing and customer perspective.” Central Bank provides full deposit services and has broad lending capabilities in Commercial, Commercial Real Estate, SBA/ USDA, as well as a full-service Residential Lending division. During the recent Covid19 crisis, Central Bank demonstrated strong community support via the PPP/SBA lending program and extended $86 million in loans. Central Bank acquired offices from SouthState Bank in Winter Park and St. Augustine in 2018. This gave the bank a meaningful footprint in the I-4 Corridor, with an extension up I-95 to the Northeast Florida markets. In 2022 the bank acquired an office in Suwanee, Ga. (Northeast Atlanta) from First Citizens Bank. “All of our branches are located in very desirable areas of four large Metropolitan Statistical Areas,” CEO Thompson indicated. CEO Thompson and the Central Bank Team appreciate the culture of the independent community bank and the opportunity to be “close to the customers.” The bank’s core values are honesty, integrity, servant leadership and community stewardship. In addition to the yearly Tampa Bay Area Indian Festival, Central Bank is active in the community through service organizations such as Habitat Central Bank, Continued on page 10

WWW.FLORIDABANKERS.COM OCTOBER/NOVEMBER 2024 — 9

The Central Bank team.

as a career. Central Bank leadership is passionate about educating its communities. Nilesh has given lectures on how to start a bank as a guest speaker at the Tampa Bay Association of Financial Professionals. “A lot of people don’t understand how banks come into fruition,” he said. Looking forward, Thompson and the Patels seek to

Central Bank, Continued from page 9

for Humanity, Feeding America, the American Cancer Society and affordable housing via the Hillsborough Organization for Progress and Equality (HOPE). Tampa has the largest Asian Indian population in Florida; the annual Tampa Bay Indian Festival is the largest festival in the country showcasing Indian

dancing, culture and art, drawing more than 12,000 people. More than 100 vendors from across the United States and India sell clothing, jewelry and food. The bank participates by purchasing a booth and offering financial advice and consultations to prospective customers.

focus on current operations and quality asset and profitability growth at each of the bank’s offices. The bank’s goal is to operate full service offices targeting high growth, dynamic markets. “There are always challenges, and you have to be ready for them. Today it is high interest rates,” Chairman Patel indicated. “The industry is constantly changing, but Central Bank has survived and is still growing. There

“WE ARE VERY DIVERSE FROM AN OWNERSHIP, STAFFING AND CUSTOMER PERSPECTIVE.” – PRESIDENT AND CEO JOHN THOMPSON

“We have a strong reputation within the Asian Indian community,” said EVP and Chief Risk Officer Nileshkumar (Nilesh) Patel, Raj’s brother and founding director. “The community is proud to have representation in banking.”

are significant challenges, but we are nimble, and growth and change oriented. We continue to invest in technology to meet customer expectations and competition, and we emphasize our local roots and customer service. “The future of community banking depends on how well banks maintain their local touch via technological advancements and navigating continuing economic and regulatory pressures,” Chairman Patel said. “We are optimistic about the future!”

The bank also promotes fiscal education for children and students. “Kid Central Savings” is the bank’s savings account designed specifically for customers 18 and under, intended to give children a head start on saving. “The idea was to get some sort of fiscal education to kids,” Nilesh said. “We want to get children started on the right path to a healthy financial future.” The bank also has a shadowing program for high school students, which allows them to explore banking

10 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

RAJESHKUMAR (RAJ) C. PATEL FOUNDING DIRECTOR AND CHAIRMAN

Raj Patel was a principal organizer of Central Bank in 2007. In 2014, he served as interim President and CEO.

Patel has owned and operated a hospitality property and was the Principal Environmental Engineer with the State of New Jersey Division of Environmental Protection and Energy. He served as Governor of Best Western International from 2005 until 2008. He owns commercial and retail rental properties and is also involved in the development of commercial properties. Patel has a degree in Mechanical Engineering from S. P. University in V.V. Nagar, India and additional credits from the Drexel University, Philadelphia. He graduated from the Florida School of Banking in Gainesville in 2007 and attended SouthState Bond School.

JOHN THOMPSON, PRESIDENT AND CEO

John Thompson is a Florida native. He holds a bachelor’s degree from the University of Florida, and an MBA from Pepperdine University. He also attended the ABA National Commercial Lending Graduate School and the ABA Stonier Graduate School of Banking. He served as a Commissioned Officer in the U.S. Army prior to beginning his banking career, which now spans 46 years. Thompson’s banking experience includes service with Florida National Bank, Barnett Bank, SunTrust Bank, Community BankShares/Georgia, American Momentum Bank and Central Bank. He has served in such diverse roles as President & CEO, Vice Chairman, Chief Lending Officer, Chief Credit Officer, Regional Director and Commercial Line of Business Manager.

Thompson believes in servant leadership and community service and has served as a board member of the Chamber of Commerce, United Way, American Heart Association, Rotary Club (Paul Harris Fellow+2), Downtown Development Authority, Habitat for Humanity, Georgia Council on Economic Education and Florida Bankers Association (FBA). He presently serves on the FBA’s Government Relations Committee, BankPac Board, and the Educational Foundation Board. He is also active in the Georgia Bankers Association.

David Edgar joined the bank in July 2021. Edgar received his bachelor’s of accounting degree from the University of Alabama and earned his Certified Public Accountant certification in Georgia. Edgar has served the banking industry for 37 years, primarily in the executive management of community banks in Georgia and Florida. He has held roles of President, Chief Operating Officer and Chief Financial Officer in eight community banks. He recently held positions at Anchor Bank, Palm Beach Gardens, OptimumBank, Fort Lauderdale, FirstCity Bank of Commerce, Palm Beach Gardens and Community Southern Bank, Lakeland. His experience also includes over 10 years of public accounting and consulting experience, primarily in the DAVID L. EDGAR, CPA, CHIEF FINANCIAL OFFICER

community banking environment. Edgar also believes in supporting the community and has served on the board of a charitable daycare and as Treasurer of the Lakeland Rotary Club and Palm Beach University of Alabama Alumni Association.

NILESHKUMAR (NILESH) C. PATEL CFA, FOUNDING DIRECTOR, CHIEF RISK OFFICER

Nilesh Patel serves as an Executive Vice President-Chief Risk Officer and Information Security Officer of Central Bank. Patel is one of the principal organizers of Central Bank. Patel has held a number of positions in development and implementation of software systems, and has been involved in the hospitality industry. He also owns retail centers, medical offices, commercial land and commercial rental properties. Previously he worked as a project manager for the Institutional Brokerage division at Susquehanna International Group (SIG) in Philadelphia. Patel has over 10 years of Intellectual Technology experience and is a Certified Financial

Analyst. He has an MBA in finance from Temple University, a bachelor’s degree in electrical engineering from S. P. University in India, and a majority of coursework toward a master’s degree in software engineering from Penn State University. Nilesh was an adjunct faculty in the BS in Banking program at St. Petersburg College from 2008 to 2011. He is a graduate of the Florida School of Banking and attended the SouthState Bank Bond School.

WWW.FLORIDABANKERS.COM OCTOBER/NOVEMBER 2024 — 11

BANCSERV ENDORSED PARTNER: FLORIDA BANKERS HEALTH CONSORTIUM

FLORIDA BANKERS HEALTH CONSORTIUM: “WELL-COME TO YOUR HEALTH” The Impact of Preventative Wellness Checks on Healthcare Costs F L O R I D A B A N K E R S A S S O C I A T I O N

BY STEPHANIE BOOMGAARDEN, SALES AND CLIENT RELATIONSHIP MANAGER FLORIDA BANKERS HEALTH CONSORTIUM

W ould you agree that the two biggest costs of running a business are payroll and benefits? We cannot help you with the payroll, but we can let you know how going to the doctor for your annual visits could help your bottom line of healthcare costs. Preventative health screenings have emerged as a crucial strategy for managing expenses while improving overall health outcomes. These visits, which include regular

infectious diseases that can lead to hospitalizations and outbreaks, saving significant healthcare dollars overall. Similarly, screenings for conditions like colorectal cancer can detect abnormalities early, allowing for timely treatment that is far less costly than treating advanced stages of the disease. Healthy employees are more productive employees. Companies that invest in preventative wellness checks for their employees often see

screenings, vaccinations, and health assessments, can play a significant role in detecting and addressing health issues before they escalate into more serious and costly conditions. One of the biggest advantages of preventative wellness checks is detecting health problems at an early stage. By identifying issues such as high blood pressure, diabetes, or certain cancers early on, healthcare providers can intervene sooner with less invasive and less costly treatments. For example, managing

reduced absenteeism due to illness. Regular check ups can catch health issues early, allowing employees to receive treatment promptly and return to work sooner. This not only improves productivity but also reduces the financial burden of absenteeism on employers by maintaining a healthier workforce. Beyond immediate cost savings, preventative wellness checks contribute to long-term health management. By promoting healthy behaviors and regular healthcare

“PREVENTATIVE WELLNESS CHECKS FOCUS ON KEEPING INDIVIDUALS HEALTHY AND REDUCING THE NEED FOR EXPENSIVE MEDICAL TREATMENTS.”

chronic conditions like diabetes through regular monitoring and early intervention can prevent costly complications such as heart disease or kidney failure that often require extensive medical interventions and hospitalizations. Preventative wellness checks focus on keeping individuals healthy and reducing the need for expensive medical treatments. Vaccinations, for instance, prevent

engagement, these checks help individuals maintain good health habits that can prevent chronic conditions from developing in the first place. This initiative-taking approach not only improves quality of life but also reduces the need for costly interventions related to chronic diseases. Focusing on early detection, prevention, and long term health management, these checks contribute

12 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

Bone Density Test: Screening for osteoporosis starting around menopause or earlier if risk factors are present. Colorectal Cancer Screening: Starting at age 50 (earlier, depending on family history) through methods like colonoscopy or fecal occult blood sample. Cardiovascular Health: Assessments for heart disease risk factors, including blood pressure monitoring and cholesterol checks. Immunizations: Updates on vaccinations such as flu shots, tetanus boosters and potentially vaccines for pneumonia and shingles. Stephanie Boomgaarden, Sales and Client Relationship Manager, is a seasoned sales strategist with over a decade of experience, specializing in the employee benefits market. She joined the Florida Bankers Health Consortium (FBHC) in December 2023, where she focuses on expanding membership by engaging with community banks. Her role involves emphasizing the importance of stability in the healthcare market and demonstrating how FBHC’s programs can mitigate rising costs by leveraging collective strength. Boomgaarden’s dedication to the FBHC is fueled by her commitment to delivering exceptional services to community bank members, a passion that is reflected in her work and personal life. Outside of work, she cherishes spending time with her family, including her children, her beloved granddaughter, and her 15-year-old mini dachshund, Rocky Balboa Boomgaarden. She also volunteers in her ethnic community, assisting retirees with navigating their Social Security and Medicare benefits. Reach her at 814-573-7735 or at sboomgaarden@selectsourceone.com.

to significant cost savings by reducing the need for expensive medical treatments and improving overall health outcomes. As healthcare continues to evolve, investing in preventative care measures remains a prudent decision for managing costs and promoting a healthier population. Prioritizing preventative wellness checks, stakeholders in healthcare – whether individuals, employers, or insurers – can proactively address health concerns, mitigate financial risks, and foster a more sustainable healthcare system for the future. Preventative Visits for Men Annual Physical Exam: A comprehensive check-up to assess overall health, including blood pressure, cholesterol levels, and screening for conditions like diabetes. Prostate Cancer Screening: Starting at age 50, men should discuss with their healthcare provider whether prostate cancer screening (e.g., PSA blood test) is appropriate for them, based on risk factors and preferences. Colorectal Cancer Screening: Typically recommended starting at age 50 (earlier, depending on family history), through methods like colonoscopy or fecal occult blood testing. Testicular Cancer Screening: Regular self-exams and clinical exams to detect lumps or abnormalities in the testicles. Cardiovascular Health: Assessments for heart

disease risk factors, such as smoking cessation counseling, diet, and exercise recommendations. Immunizations: Updates on vaccinations such as flu shots, tetanus boosters and vaccines for pneumonia and shingles depending on age and risk factors. Preventative Visits for Women Annual Well-Woman Exam: Includes a pelvic exam, Pap smear (for cervical cancer screening), breast exam, and discussion of overall health. Mammogram: Screening for breast cancer typically starts at age 40 and continues regularly based on individual risk factors.

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WWW.FLORIDABANKERS.COM OCTOBER/NOVEMBER 2024 — 13

Florida BankPac Update PAC contributions for 2024: $249,219.00 Contributions received between 1/1/2024 and 8/27/2024

Contact Cheryl Tucker (ctucker@floridabankers.com) when your institution achieves 100 percent board member BankPac contributions.

John J. Wahlen

Community Bank Jason Crowe Fred Leopold Justin Woodard Community Bank of the South Harold Bistline Stephen Crisafulli

Miller Couse Earle E. Edwards Andy Higginbotham Karl E. Larsen Tommy Perry Carey Soud Deborah Van Sickle Jaime Weisinger Ralph Betancourt Edward E. Haddock, Jr. Bruce W. May Donald W. McIntosh, Jr. Domingo Sanchez Thomas J. Sheehan Mark W. Ziebarth First National Bankers Bank Charlie Brinkley Rob Trott Flagship Bank Kenneth Bailey Anthony DiTinno Ron Hockman James Nelson Joseph Oliveri Nick Patel Brent Sembler Robert Shaw Kelly Spica Christopher Sprowls Paul Wikle Florida Bankers Association Anthony DiMarco Lesley Jordan Kathy Kraninger Marilyn Matherne Kenneth Pratt Cheryl Tucker FORVIS MAZARS Paul Thompson Great North Bank Thomas Wittkopf Gulf Coast Business Bank First Colony Bank Mark Klein Ken Marks Robert McGivney

Banks with 100 percent board member contributions:

Central Bank

Scott Amatuccio David Edgar Scott Kohler Arvind Patel Dinubhai Patel Jayesh D. Patel Jayesh K. Patel Jiten Patel Mahendra Patel

Edison National Bank

Winter Park National Bank

BankPac contributions:

Kevin P. Markey Kevin B. Steele William T. Taylor Carlos K. Woodward

Amerant Bank, N.A. Alberto Capriles Anthony J. Eelman Juan Esterripa Armando Fleitas Carlos Iafigliola Howard A. Levine S. Marshall Martin

Nilesh Patel Rajesh Patel Shilen Patel Vijay Patel

Crews Bank & Trust Dena Crews

J.W. “Jake” Crews, IV James W. Crews, Jr. Mark Crews Matthew A. Crews Patrick M. Crews Eric DeYoung

Anand Sabapathy John Thompson Citizens Bank & Trust Brian Bracey Steven E. Crisman Marianne F. George Tiffani R. Gozdur Sharon R. Johnson Greg Littleton Robert A. Loftin

Gerald Plush Daniel Rivera

Mariola Sanchez Sharymar Yepez American National Bank Ginger Martin Anthem Bank & Trust Rodger D. Shay, Jr. Bank of America Fabiola N. Brumley Bank of Belle Glade Stephen Prielozny BankFlorida Allen Altman Pamela Mattox James S. “Bud” Stalnaker, Jr. BankMiami (I/O) Karen Sharp Mary Usategui Capital City Bank Group

M.W. McLaren, IV Keelin C. Stauffer Bradley L. Wilson

Desjardins Bank

Louis Rheaume Dinsmore & Shohl LLP Michael Dailey Edison National Bank John P. Ammons, II Elizabeth C. Aurensan Greg J. Blurton Karen M. Brazelton Lenor Cross Christina DePari Michael A. Greenhoe Lisa A. Hobson June Howard David Lowden Susan Nasworthy Kim Nyberg Matthew A. Overmyer Patrick J. Philbin Geoffrey W. Roepstorff Robbie B. Roepstorff Richard H. Shera, Jr. First Bank, Clewiston, FL Mary Elizabeth Carroll Andrew Couse

Vaughn H. McAshan William G. Middleton Bonnie Parker

Mark E. Schreiber R. Howard Wiggs Jinx Wilson

Citizens First Bank

Jay R. Bartholomew Lindsey Morse Blaise C. Dale Borrowman W. Thomas Brooks Tina M. Campbell Ginger Devine Stephen T. Kurtz Christopher Langley, Sr. Kevin W. McDonald Mark G. Morse James Hardin Parr, Sr.

Thomas A. Barron Robert Beauchamp William F. Butler Stanley W. Connally, Jr. Bonnie J. Davenport J. Kimbrough Davis Laura Johnson Kenneth Pratt William G. Smith, Jr.

Steven M. Roy Danny Schmid Tricia M. Snodgrass Scott J. Sullivan Brad Weber

14 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

Aric Chevtaikin Cathy Collins Chuck Colwill Debbie Cooper Todd Cordell Stephanie Dahl Jennifer Denney Brett Divers Tim Donaldson Renee Ervin Michael Eubanks Pat Fain Preston Farrior Jim Ferman John Fillingim Angela Gardner Scott Gault Lauren Gibson Ann Giles Kevin Gilligan Merlisia Gittens Donovan Glaister Erin Hesbeens Oscar Horton Wesley Joyner Kyle Keith Bill Kent Malorie Kent Aenoi Kounlavong Mike Kreig Jeni La Paglia Owen LaFave Rob Lane Alison LaPointe Tom Lee Toby Lincoln Jonathan Locklear Tim Mann Joe Marshburn Cristina Martinez Si McAninch Cathy Harris Gary Harrod

Raymond James Bank Steven M. Raney Amanda Stevens Renasant Bank Raj Adhikari Retriever Payment Systems Renee Krieger Saltmarsh, Cleaveland & Gund Paul Allen Salva Financial Group of Florida Alex Sanchez ServisFirst Bank Thomas “Bo” Carter Guillermo Chiang Seven Hills Auctions Buddy Lee SHAZAM Jace Day Stinson LLP Anastasia Stull Strategic Resource Management Brent Lapp Sunrise Bank Barry R. Griffiths Sunstate Bank Yvonne Debesa Lloyd DeVaux David A. Lieberman Synovus Financial Corporation Kevin Gillen Sean Simpson TD Bank, N.A. Nick Miceli The Bank of Tampa Drew Aldridge Tammy Amburgey

Roger Rivard Carly Ross Jim Scott Reade Sevigny Anne Shaughnessy Donald Stine John Stump Simon Sumner Debbie Swezey Daryl Tatum Frank Territo James Tollerton Darrell Turner Debbie Viveiros Edyta Votour Pamela Warnock Ashley Watters Bill West Paul Whiting Polly Wiggins Blake Williams

Gulfside Bank Tim Clarke

Jennifer Compton P. Compton Cramer, Jr. N. Rogan Donelly Teri A Hansen Frank J. LaCivita Thomas A. Martin, Jr. Dennis B. Murphy Sam D. Norton Michael R. Pender, Jr. Charles W. Rush Drayton A. Saunders Jeff Saunders Heartland National Bank Andrew Bible James C. Clinard Jerry T. Whidden ICBA Preferred Services Lucas White ICI Consulting, Inc. Patti Hagen JPMorgan Chase Michael Bennett Rick Mahler Locality Bank Hal M. Rogers Paul Rountree Marine Bank & Trust Company Bill Penney Shaun Williams Mauldin & Jenkins, LLC Alison Wester MidSouth Bank Davis Malone, III NASDAQ David Wicks NFP Executive Benefits Glenn Blackwood Ocean Bank Alfonso Macedo One Florida Bank Frederick G. Pullum PAAST, P.A. Alex Sueiro Pacific National Bank Carlos Fernandez-Guzman Prime Meridian Bank Monte Ward Keith Costello Michelle Gioia Cecilia Medrano Mainstreet Community Bank of Florida W. Ben Flowers Wendy B. Libby Randall J. Marshall

Dave Zillig Ryan Zsiga

Truist Bank

Tom Pennekamp United Southern Bank Ed Clement Gregory L. Nelson U.S. Century Bank Luis de la Aguilera Valley Bank Jeff Armstrong Waterfall Bank Kevin Darmody Winter Park National Bank Dell W. Avery James L. Bolen Sidney G. Cash Michael C. Crisante, Jr. David R. Dotherow James W. Ferrell

Ed Armstrong Antonio Azorin Cecile Bare Suzy Bateman Doug Bishop Bob Blanchard Bryan Bourdeaux Matthew Boyd Kenneth Braga Rachael Brown Jonathan Browy Jon Bui Mitch Burley Melissa Burman Maureen Busch Matthew Buzza Lisa Carlton Melissa Carner Greg Celestan Ken Cherven

Terry McFatter J. Chris McGee

Teague L. Gilliland Jeffrey C. Jenkins Stan T. Pietkiewicz

Susan Miller Judy Mitchell Blaine Morrison Sebastian Mrowczynski Trey Mueller Charlie Murphy Jada Murray Corey Neil David Newberry Tom Oliver Dotti Overton

Sarah Peet Zane Petty Kris Phillips Lee Pierson Stacey Pittman Mark Poppell Susanne Powers

WWW.FLORIDABANKERS.COM OCTOBER/NOVEMBER 2024 — 15

GOVERNMENT RELATIONS

THE PRIMARIES ARE OVER – DID YOU VOTE?

BY ANTHONY DIMARCO FBA EXECUTIVE VICE PRESIDENT AND DIRECTOR OF GOVERNMENT AFFAIRS

T he primary elections were held on Tuesday, Aug. 20. The votes were tallied and the battle lines are now drawn for the Nov. 5 general election. Thank you if you were one of the more than 3 million voters who voted in the primary. The turnout was only 22.39 percent of the eligible voters. Please be sure to vote in the 2026 primary. Besides your local elections, many state and federal elections are decided in the primary – one party has a majority voter registration in a district, and that party’s primary winner likely will win the general election. Some seats are decided outright in the primary if the other major party does not field a candidate, as no third-party or write-in candidate has ever been elected to a state office. In the federal primaries, there were no surprises as the incumbents handily won. There will be 28 Florida federal races for the general election. Sen. Rick Scott (R) will face Debbie Mucarsel-Powell (D) in the U.S. Senate election. Twenty-seven of the 28 congressional seats will be on the general election ballot as well. Congresswoman Sheila Cherfilus McCormick was re-elected without opposition. The Florida House and Senate primaries were held as well. No incumbents lost any of their primaries. Two Senate incumbents were elected: Sen. Tracie Davis (D) only has a write-in candidate left and Sen. Geraldine Thompson (D) has no general election opponent. Former Reps. Carlos Guillermo Smith (D) and Mack Bernard (D) were elected without opposition. There will be 16 Florida Senate races from around the state on the Nov. 5 ballot. An interesting side note on the rising cost of elections: the race for the Republican primary for Senate District 7 was a costly election. The primary

pitted the business community and Gov. DeSantis’ endorsed Rep. Tom Leek against the plaintiff’s attorneys and former President Donald Trump’s endorsed David Shoar (there was a third Republican candidate, Gerry James, who did not raise nearly the same amount of campaign contributions). It has been estimated that if this race was for Congress, it would have been the third most expensive race across the country. The amounts spent in Florida elections will only continue to rise. In the Florida House elections, all incumbents won their primaries. Eighteen Florida House members have now been elected: Reps. Angie Nixon (D), Kimberly Daniels (D) and Marie Woodson (D) have write-in or third-party candidates left for the general election. Incumbent Reps. Bruce Antone (D), Rita Harris (D), Daryl Campbell (D) and Ashley Gantt (D) do not have any opponents for the general election. Mitch Rosenwald and Wallace Aristide won open Democratic seats in South Florida and have no general election opponents. Finally, Reps. Yvonne Hayes Hinson (D), Jervonte Edmonds (D), Kelly Skidmore (D), Christine Hunschofsky (D), Dan Daley (D), Lisa Dunkley (D), Hillary Cassel (D), Felicia Robinson(D) and Dotie Joseph (D) were re-elected without opposition. There will be 103 Florida House races on the Nov. 5 ballot. The FBA will monitor all federal and state races and report the results to you. How can you help? Please let us know of any candidates you are supporting in the federal or state general races. We welcome any on-the-ground information in a race. Kenneth, Gina and I will be fanning out across the state to help candidates of both parties in the

16 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

Amendment 2: The Right to Fish and Hunt A mendment 3: Recreational Marijuana Amendment 4: Abortion Amendment 5: Annual Adjustments to Certain Homestead Exemptions Amendment 6: Repeal of Campaign Financing Requirement As always, we will send you summaries and other pertinent information for all of the proposed amendments. Look for this by the end of September. We will also send information on FBA- and BankPac-supported candidates who will be on the November ballot. Please be sure to share with your colleagues. Finally, please vote in November. Remember – elections matter.

upcoming elections. We will be sending information to local bankers when we come to your community, inviting you to join us for a campaign event. We will be canvassing and sign waving for pro-banking and pro-business candidates. We hope you’ll join us. We will also be hosting small lunches around Florida. Please consider joining us when invited. These are a great way for candidates to learn about banking issues from you, our members. Constitutional Amendments on the Nov. 5 ballot The Nov. 5 ballot will also contain six proposed amendments to the Florida Constitution. In brief, they are: Amendment 1: Partisan Elections of School District Members

Let’s find a way.

First Horizon Correspondent Services is a leading choice for Florida banks. Benefit from the expertise of a dedicated Relationship Manager who has a deep understanding of Correspondent Banking, to provide you with tailored solutions – from expert advice to quick decisioning for the capital you need. We have a reputation in Florida as a preferred partner for Correspondent Banking.

Melisa Ainley Senior Vice President Correspondent Banking Relationship Manager (M) 901-568-3341 (O) 941-487-3074 maainley@firsthorizon.com

©2024 First Horizon Bank. Member FDIC.

WWW.FLORIDABANKERS.COM OCTOBER/NOVEMBER 2024 — 17

FBEF: FACES OF THE FOUNDATION

MEET FBEF SCHOLARSHIP RECIPIENT ANNA CAUSEY SOUTHSTATE BANK VICE PRESIDENT OF DEPOSIT AND CORPORATE COMPLIANCE MONITORING UNIVERSITY OF FLORIDA, BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION, AUGUST 2024

N ot many people know what type of job they want to have even before they graduate high school, but Anna Causey did. Having grown up in a house with three sisters, her older sister had always served as a positive role model for Causey, and she looked up to her. When her sister graduated from high school and got a job as a personal banker, Causey thought that was the most impressive thing in the world. Inspired by her sister’s career choice, she decided to apply to Bank of America as a part-time teller. After getting the job, Causey was very excited to have landed her first professional position and to have followed in her big sister’s footsteps. Starting in banking at the age of 18, Causey admitted she was overwhelmed by all of the rules, regulations and policies. Rather than stopping her from pursuing banking as a career, those challenges motivated her to learn all she could. Causey may not have gone straight into college out of high school but, with

her job in banking, she was learning just as much as others who did. Her eagerness to learn allowed her to acquire diverse skills and retain valuable information, leading to a full-time position at the bank. Her career continued to grow from there. Causey worked her way up from teller to teller coordinator to branch operations and then deposit Working to advance your career through education? The FBEF is here to help. FBEF funding applications are accepted throughout the year, with application deadlines of November 1, March 1 and June 1. Applications and eligibility information can be found online at FloridaBankers.com/FBEF. If you are think ing of applying for FBEF funding, please con tact FBEF Director Letty Newton at (850) 701 3522 or lnewton@floridabankers.com for more information on how the FBEF can help you. The FBEF is a 501(c)(3) non-profit corpora tion registered with the Florida Department of Agriculture & Consumer Services, Registration #CH7621. Contributions to the FBEF are tax deductible. Organized in 1956, the FBEF contin ues to help bankers throughout Florida today. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE 800-435-7352 WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE. www.FloridaConsumerHelp.com

“BY DEEPENING MY KNOWLEDGE OF THE TECHNICAL AND PRACTICAL FACETS OF A BUSINESS CAREER, THE BUSINESS DISCIPLINES TAUGHT AT UF HELPED ME EXCEL IN MY CAREER..”

18 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING

operations. By the time she was approved for Florida Bankers Educational Foundation (FBEF) funding, she was managing the compliance department of a multi-state community bank. All of those rules that overwhelmed her at the start of her career had become an integral part of her job at the bank, and she enjoyed the challenge. What Causey likes most about banking, and what inspires her to keep learning every day, is how different each department of a bank is. The front line is so different from operations, and operations are so different from lending, and those differences continue throughout each section of the bank. Causey’s interest in banking only continues to grow, and she is excited about the opportunities that await her in the years to come.

“College wasn’t something I wanted to do straight out of high school. However, as I got older, getting my degree became a personal goal,” she said. “I was accepted at the University of Florida (UF), and with help from the Florida Bankers Association through the FBEF Scholarship Program, I graduated with my bachelor of science in business administration! By deepening my knowledge of the technical and practical facets of a business career, the business disciplines taught at UF helped me excel in my career as a Vice President of Deposit and Corporate Compliance Monitoring for SouthState Bank. “I am immensely grateful to have been awarded the FBEF Scholarship, and for the opportunity to go back to school. Thank you, FBA, and go Gators!”

WWW.FLORIDABANKERS.COM OCTOBER/NOVEMBER 2024 — 19

PERSONAL TRANSACTIONS

Amerant Bank Names Flowers as Palm Beach Market President

to meet the lending and deposit needs of healthcare businesses located in the communities supported by the bank’s 12 Tampa Bay area banking centers. “Phil brings vast knowledge of the complex issues facing medical service providers to this role, which will enable us to better serve the specific needs of these businesses,” said BayFirst CEO Thomas Zernick. “His experience will significantly benefit our team as well as this critical sector of our state’s economy, and I look forward to seeing him drive results to help us increase our overall impact and success.” Capital City Bank Announces Leggett as Chief People Officer, Jensen as CTO

Amerant Bank has named Jesse Flowers as EVP, Palm Beach Market President. Flowers, an integral part of the financial services industry in the Palm Beach market, brings over two decades of experience in banking, specializing in servicing clients seeking

Flowers

a true and authentic relationship with their bank. His appointment marks another pointed step in Amerant’s ongoing commitment to expanding its presence in Central and South Florida. “We are excited to welcome Jesse as Amerant’s new market president for Palm Beach County. His focus on relationship banking and his commitment to client success align perfectly with our precepts,” said Jerry Plush, Chairman and CEO of Amerant Bank. “We are confident that under his leadership, our Palm Beach market will thrive, and our clients will receive the exceptional service they deserve and expect from Amerant Bank.” Bartholomew Named President of Citizens First Bank Bartholomew, a long-time resident of Lake County, has over 35 years of banking experience in the Central Florida market. He joined Citizens First Bank in 2016, serving as Executive Vice President and Chief Banking Officer. Outgoing President Lindsey Blaise, who will remain on the bank’s board of directors following her departure in April, said “Jay joined us seven years ago to oversee the commercial and retail side of the bank. He is absolutely a wonderful support and has continued to take on more responsibilities. He was the right fit to be my successor as president and CEO.” Bayfirst Hires Director of Healthcare Lending Bartholomew Citizens First Bank announced the appointment of Jay Bartholomew as President and CEO.

Capital City Bank announced Ashley Leggett has been named Chief People Officer and Lynne Jensen has been promoted to Chief Technology Officer. Leggett will oversee a newly formed talent division comprised of the Human Resources, Culture and

Leggett

Learning and Development departments. Jensen will spearhead the development and execution of the bank’s comprehensive technology strategy, ensuring alignment with its organizational mission and strategic goals. “Our search focused on finding a leader who had the skills to be successful and a passion for our values,” said Bill Smith, Capital City Bank Group Chairman, President and CEO. “Ashley’s deep-rooted knowledge of company operations and culture, as well as her commitment to volunteerism, positions her as a strong candidate to carry forward the torch of leadership with integrity and innovation.” "Lynne’s promotion reinforces our continuing commitment to technological advancement and expansion,” Smith added.“We are pleased to see Lynne step into this expanded role, with full confidence that her extensive experience, proven leadership and strategic foresight will propel the bank towards continued success and growth.” Captiva Trust Announces Promotions, New Hire The Sanibel Captiva Trust Company announced the addition of Jodi Schwartzel, Vice President, Portfolio Manager to the investment management team; the promotion of Peter Knize, J.D., LL.M., AEP® to Chief

St. Petersburg-based BayFirst National Bank has welcomed a 25-year industry veteran to spearhead the healthcare business lending efforts of its commercial lending team. Phil Russo assumes the newly created position of SVP, director of healthcare lending

Fiduciary Officer; and the promotion of senior portfolio manager, Kristian R. Jhamb, CFA, to Chief Investment Officer. Schwartzel meets with clients to identify their short and long-term investment goals and manages their

Russo

within the community bank. He is charged with overseeing and further developing the bank’s efforts

Schwartzel

20 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING