Colonial Bank holding company Colonial BancGroup paid $141 million in stock and cash to purchase P.C.B. Bancorp., including P.C.B.'s Fort Lauderdale subsidiary, Premier Community Bank of South Florida - Big Deals

South Florida CEO, Feb, 2004

* Colonial Bank holding company Colonial BancGroup paid $141 million in stock and cash to purchase P.C.B. Bancorp., including P.C.B.'s Fort Lauderdale subsidiary, Premier Community Bank of South Florida. The deal adds $85 million in deposits to Colonial Bank's tri-county holdings, and, according to media reports, bumps the Alabama-based bank to No. 10 in Florida in terms of deposits.