Florida Bank Group, Inc. - A bridge to better banking

October 23, 2007
Reporters May Contact:
Christina Beyer
Florida Bank Group, Inc.
813-334-8036
cbeyer@floridabankgroup.com
Florida Bank Group, Inc. Names Katie Pemble President and Chief Executive of its Bank of St. Petersburg Subsidiary

Pemble will lead community bank growth plans

TAMPA - Corey J. Coughlin, president and CEO of Florida Bank Group, Inc., a Tampa- based bank holding company, has named Katie Pemble president and CEO of Bank of St. Petersburg, its largest subsidiary. The appointment was ratified today by the Board of Directors of Bank of St. Petersburg. Pemble, who joined the bank in 2003 and most recently served as its chief operating officer and head of retail banking, will report to Coughlin. She replaces Joseph L. Caballero who recently left the company.

Pemble will be responsible for developing and leading the execution of the annual Bank of St. Petersburg strategic plan and driving the achievement of aggressive financial targets for revenue growth and new-client acquisition. She was formerly employed by Bank of America as a senior vice president of commercial lending where she also served as its Pinellas County president. Bank of St. Petersburg is a community bank serving individuals, professionals and businesses through seven branches in Pinellas and Hillsborough Counties. The bank had assets of $525 million at September 30, 2007.

"Florida Bank Group's decentralized model provides for independent leadership and governance in each of the markets we serve," commented Robert Rothman, Florida Bank Group chairman. "Katie is a proven leader with a deep understanding of her community and the financial services marketplace." Coughlin, who joined Florida Bank Group, May 1, 2007 added, "Katie has a strong track record with the bank and is highly regarded within the company and in the community. She will be central to our ability to implement the strategies developed for growth in market share, profitability and customer satisfaction in the Tampa Bay area"."

Florida Bank Group, Inc.
Florida Bank Group, Inc. is a bank holding company headquartered in Tampa, Florida, which currently conducts banking operations through three wholly-owned subsidiaries, Bank of St. Petersburg, Bank of North Florida and The Bank of Tallahassee. Bank of St. Petersburg was founded in 1985 and operates seven offices in Hillsborough and Pinellas counties. Chartered in December 2006, Bank of North Florida is headquartered in downtown Jacksonville. Acquired by FBG in May, 2007, The Bank of Tallahassee operates three banking offices in Leon County. Consolidated, FBG had $641 million in assets and $104 million in total equity as of June 30, 2007.

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