provided to The Santiva Chronicle
Sanibel Captiva Community Bank is thrilled to announce it has officially surpassed $1 billion in total assets, a major milestone that underscores the bank’s steady growth, financial strength and deep-rooted commitment to Southwest Florida. Surpassing $1 billion in total assets represents a key regulatory and operational benchmark for a community bank – demonstrating sustained balance sheet growth, increased lending capacity and enhanced scalability to support customer needs.
Established in 2003 with a single branch on Sanibel and $27 million in assets, the bank has grown into a trusted, top-performing community bank with nine locations throughout Lee County. Reaching $1 billion in total assets places Sanibel Captiva Community Bank among a relatively small group of community banks nationwide and one of only two Lee County-headquartered community banks.
Out of more than 4,500 community banks in the U.S., only 12% have reached the $1 billion to $5 billion dollar mark – a threshold that signifies strong financial management and consistent growth, as well as expanded lending capacity, operational scalability and increased regulatory recognition. This milestone is a direct reflection of the bank’s relationship-driven lending model, unwavering focus on customer relationships and deep commitment to reinvesting in the community it serves…