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Investors apply to acquire First City Bank of Florida

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Investors apply to acquire First City Bank of Florida

A group of investors applied to the Federal Reserve Bank of Atlanta to acquire all outstanding shares of Fort Walton Beach, Fla.-based First City Bank of Florida.

The group is comprised of LexPark Holdings - STC LLC, SouthernTrust Group LP and SouthernTrust Holdings Inc.

CFO of First City Bank of Florida Greg Aldridge declined to provide more information about the deal.