New second-quarter data from SNL Financial show that of the nation's 154 undercapitalized financial institutions, Florida is home to 21 of them, second only to Georgia's 32. In Florida, Palm Beach-based Lydian Private Bank, which caters to the wealthy and has an office in downtown Tampa, ranks among those with the weakest capital base. The good news? None of the 21 Florida institutions identified are headquartered in the Tampa Bay area.
21 Florida banks among nation's 154 undercapitalized institutions
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