TIB Financial Corp. Announces Transfer to NASDAQ Capital Market
27 Gennaio 2011 - 4:07AM
TIB Financial Corp. (Nasdaq:TIBB) (the "Company") announced today
that its request that the NASDAQ transfer the Company's shares to
The NASDAQ Capital Market has been granted and is effective upon
the open of trading on Thursday, January 27, 2011. The Company was
notified by NASDAQ that continued listing on the NASDAQ Capital
Market is conditioned upon the approval of a listing application
and agreement that the Company meets all applicable continued
listing requirements. As previously discussed, the Company believes
it meets such requirements.
About TIB Financial Corp.
Headquartered in Naples, Florida, TIB Financial Corp. is a
financial services company with approximately $1.7 billion in total
assets and 27 full-service banking offices throughout the Florida
Keys, Homestead, Naples, Bonita Springs, Fort Myers, Cape Coral and
Venice. TIB Financial Corp. is also the parent company of Naples
Capital Advisors, Inc., a registered investment advisor with
approximately $184 million of assets under advisement.
TIB Financial Corp., through its wholly owned subsidiaries, TIB
Bank and Naples Capital Advisors, Inc., serves the personal and
commercial banking and investment management needs of local
residents and businesses in its market areas. The companies'
experienced professionals are local community leaders, who focus on
a relationship-based approach built around anticipating specific
customer needs, providing sound advice and making timely decisions.
To learn more about TIB Bank and Naples Capital Advisors, Inc.,
visit www.tibbank.com and www.naplescapitaladvisors.com,
respectively.
The TIB Financial Corp. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7275
Forward-looking Statements
Except for historical information contained herein, the
statements made in this press release constitute "forward-looking"
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Such statements involve certain risks and uncertainties, including
statements regarding the Company's strategic direction, prospects
and future results. Certain factors, including those outside
the Company's control, may cause actual results to differ
materially from those in the "forward-looking" statements,
including economic and other conditions in the markets in which the
Company operates; risks associated with the continued listing of
our securities, acquisitions, competition, seasonality and the
other risks discussed in our filings with the Securities and
Exchange Commission, which discussions are incorporated in this
press release by reference.
CONTACT: TIB Financial Corp.
Chris Marshall, Chief Financial Officer
(704) 554-5901
Stephen J. Gilhooly, Treasurer
(239) 659-5876
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