In The News

Two St. Pete Artists Receive Awards from First Citrus Bank during Morean Arts Center’s Orange! The Exhibition

A strong showing of orange-themed talent compels First Citrus Bank to award two recipients with honors during Orange, the Morean Arts Center pop-up gallery. ST.PETERSBURG, Fla., June 11, 2021 – Two St. Petersburg artists, Martha Gipson and Greg Read, were recognized by exhibition sponsor, First Citrus Bank, for their artwork on display during Orange! The…

Read More

New Mural Emerges in the Heart of Downtown St. Petersburg at First Citrus Bank

First Citrus Bank commissions legendary artists Leon “Tes One” Bedore and the Vitale Bros. to create an expansive mural that shines light on its commitment to the ‘Burg. TAMPA, Fla., June 2, 2021 – In celebration of their new downtown St. Pete full-service branch, First Citrus Bank commissioned renowned urban artists Leon “Tes One” Bedore…

Read More

First Citrus Bank Strengthens Position as Top Performing Community Bank in Florida

Business Observer Florida recently shared First Citrus Bank’s number one ranking as Florida’s leading community bank. First Citrus Bank received this recognition from American Banker for the second year in a row, based on the three-year return of average equity for publicly traded community banks. First Citrus Bank provided crucial economic support to local Tampa…

Read More

#1 Florida Community Bank is in Tampa Bay; First Citrus Bank Leads for Second Consecutive Year

First Citrus Bancorporation, Inc. retains recognition from American Banker as Florida’s top performing community bank and is among the top 100 nationwide. TAMPA, Fla., May 26, 2021 (GLOBE NEWSWIRE) — First Citrus Bancorporation, Inc. (OTC Markets: FCIT ) was recognized as Florida’s leading community bank for the second year in a row, and ranked among the nation’s top 100…

Read More

First Citrus Bank CEO, Jack Barrett, Explains Why Banks are Expanding in Tampa Bay

Jack Barrett, CEO and President of First Citrus Bank recently spoke to the Tampa Bay Times regarding bank expansion in Tampa Bay. In early 2021, First Citrus Bank announced their upcoming bank location in St. Petersburg and how it relates to the market’s growth potential. It has been noted that the amount of physical bank…

Read More

First Citrus Bancorporation, Inc. Reports Record-Setting Growth in 2021 First Quarter

TAMPA, FL., April 26, 2021 – First Citrus Bancorporation, Inc. (OTC Markets: FCIT), the parent bank holding company for First Citrus Bank, released its financial results for the first quarter of 2021. Net income of $1,705,000 for the quarter ended March 31, 2021 was the highest in company history. During the first quarter, assets, deposits,…

Read More

With PPP winding down, SBA lenders turn to ‘enhanced’ 7(a) program

The Small Business Administration’s Paycheck Protection Program was immensely popular in 2020, so it was little surprise that its return dominated headlines when the federal government passed the Consolidated Appropriations Act late last year. The focus on PPP overshadowed several changes that were implemented to the SBA’s 7a loan program, which had been the agency’s…

Read More

First Citrus Bank picks downtown St. Pete site for first Pinellas office

First Citrus Bank expects to open a full-service office in downtown St. Petersburg in June. The bank will open a branch, executive offices and a drive-thru at the new site, at 300 1st Ave. S. First Citrus, a $600 million commercial bank, is headquartered in Tampa. The bank initially expanded into St. Petersburg two years ago,…

Read More

First Citrus Bank Will Expand into Pinellas County with Full-Service Bank in Downtown St. Petersburg

TAMPA, Fla., April 12, 2021 (GLOBE NEWSWIRE) — First Citrus Bank announced plans to open its first full-service bank in St. Petersburg. Located at 300 1st Ave South in the heart of downtown St. Pete, the branch, executive offices, and drive-thru are anticipated to open in June 2021. “We’re beyond excited to be deepening our…

Read More

Small Business, Big Mission: First Citrus feels PPP’s community bank infusion

Strength | Pandemic boosts First Citrus’ profile, impact: Not only did the pandemic bring new customers to community banks, but it also gave them a chance to work closely with hundreds of small local businesses to help them ride the economic waves of the past year. First Citrus Bank was founded in Tampa in 1999…

Read More