Florida-based banks boosted their lending and experienced a small uptick in profits during the second quarter of 2019, according to the Federal Deposit Insurance Corp. BankUnited (NYSE: BKU) was the top profitable South Florida bank, with $86.2 million in second quarter net income. Other most profitable South Florida banks included: Miami-based City National Bank of Florida, with net income of $39.2 million. Coral Gables-based Amerant Bank, with net income of $16.4 million Miami-based Ocean Bank, with net income of $8.03 million Coral Gables-based BAC Florida Bank, with net income of $7.9 million All 113 Florida-based banks grew their loans by a combined $6.03 billion, or 3.5%, in the second quarter, more than double the $1.4 billion increase reported during the same quarter of 2018.
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