Coral Gables-Based Bank Expands to Tampa and Jacksonville Markets

Along with opening in the middle of the Great Recession and surviving, expanding past its South Florida roots represents another significant achievement for Professional Bank. In addition to locations in Aventura, Fort Lauderdale, Boca Raton, Dadeland and Palm Beach Gardens, the community bank announced it will open loan production offices in the Tampa/St. Petersburg and Jacksonville markets to capitalize on recent economic growth in those areas. Leases for the new properties are expected to be finalized in the coming weeks.

“We have been interested in entering both of these markets for some time but wanted to wait for the right opportunity,” says Daniel R. Sheehan (pictured, top), Chairman and CEO of Professional Bank and Professional Holding Corp. (NASDAQ:PFHD). “With the pandemic largely behind us, and the right team in place, we are excited about our prospects in both Tampa and Jacksonville.”

The Coral Gables-based community bank completed its initial capital raising in the summer of 2008 and then opened its first branch on Sept. 8. The corporation recently opened new branches in Boca Raton and the Dadeland area of Kendall and has launched loan production offices in Doral and Wellington. Its footprint outside of Florida includes a loan production office in New England and a digital innovation center in Cleveland. The financial institution went public in February 2020 before merging with Coral Gables-based Marquis Bank to continue its expansion in the tri-county area.

To lead the growth into northern and central Florida, Professional Bank chose banking veteran Darren Lydting (pictured, left) as the Executive Vice President/Regional Market Executive.

“I couldn’t be more excited to be part of the Professional Bank team and help it accomplish its growth objectives outside of South Florida,” Lydting says. “This is a bank that really gets it. Everything they do is focused on building strong relationships with clients and helping them get what they need. I believe this will be a welcome message to businesses and individuals in Tampa Bay and Jacksonville.” 

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Drew Limsky

Drew Limsky



Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.