Name

One Florida Bank

Legal name

OFB Bancshares, Inc.

Website

https://onefloridabank.com

Company type

Private

Founded year

2018

Operating status

Acquired

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Loans: Traditional banking revenue generated from interest income on lending activities including mortgages, commercial real estate loans, business loans, and consumer loans
2. Deposit Services: Revenue from checking accounts, savings accounts, money market accounts, and CDs including service fees and account-related charges
3. Credit Card Services: Revenue from credit card transactions and interchange fees on One Florida Bank Mastercard products including points and cash-back rewards options
4. Merchant Services: Payment processing and merchant services for business customers enabling card acceptance
5. Treasury Management Fees: Fees for business treasury management services including cash management and payment processing solutions

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

One Florida Bank is a Florida-based community bank offering personal banking services (checking, savings, CDs, IRAs, mortgage loans, home equity lending) and commercial banking services (business checking/savings, commercial real estate lending, business lending, treasury management, merchant card services). The bank serves consumers and businesses through six branch locations across the Orlando metro area and Florida Panhandle, supported by online and mobile banking channels and Talking ATMs.

Product overview

One Florida Bank is a locally-owned and managed regional bank serving the Florida market, offering a unified suite of consumer and commercial banking products delivered through its physical branch network (six financial centers in the Orlando area and Florida Panhandle) and digital banking channels. The bank's consumer offering spans personal checking and savings accounts (including Classic, Advantage, Heritage, and Hometown Hero checking variants; Classic, Kids Club, and Money Market savings; and CDs/IRAs), credit cards issued on the Mastercard network with personal and business variants offering rewards or cash-back, and a full range of lending products including mortgage loans, HELOCs, construction loans, and auto/boat/RV loans. On the commercial side, the bank provides business checking accounts (Small Business, Commercial Analysis, and Commercial Money Market), term loans, commercial real estate lending, business lines of credit, SBA loans, agriculture loans, treasury management services, merchant services, and a community association banking program. Digital banking capabilities include online and mobile banking, bill pay, e-statements, Zelle peer-to-peer payments, digital wallet support, and talking ATMs for accessibility. The bank also offers a My Money financial literacy program for individuals with developmental disabilities through a partnership with Banzai.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Personal checking account products for individual consumers in the bank's Florida footprint, available through branches, online, and mobile channels.
• Personal Savings Accounts Savings accounts offered to individual consumers for deposit and savings purposes at the bank's Florida branches and digital channels.
• Certificates of Deposit (CDs) Certificates of Deposit (CDs) offered to consumers as time-deposit savings products through the bank's branches and digital channels.
• Individual Retirement Accounts (IRAs) IRA deposit products offered to individual consumers for retirement savings through One Florida Bank's branch and digital channels.
• Mortgage Loans Mortgage loan products for individual consumers purchasing or refinancing residential property in the bank's Florida service area.
• Home Equity Lending Home equity loans and lines of credit for individual consumers leveraging home equity for financing needs.
• Business Checking and Savings Accounts Business checking and savings accounts for small and mid-sized businesses operating in the bank's Florida footprint, distributed through branches and digital channels.
• Commercial Real Estate Lending Commercial real estate loans for businesses purchasing, refinancing, or developing commercial property in the bank's Florida service area.
• Business Lending Business loans for small and mid-sized commercial borrowers for working capital, expansion, equipment, and general business financing needs.
• Treasury Management Services Treasury management services for business customers covering cash management, payment processing, and liquidity tools to support commercial operations.
• Merchant Card Services Merchant card services enabling business customers to accept card payments from their customers through processing arrangements provided by the bank.

Quantifiable outcome

• Expected to improve Hancock Whitney's projected 2027 return on tangible common equity by approximately 170 basis points to 16.2%

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Hancock Whitney CorporationcoreStrategic or Co-development Partner · 15 May 2026Hancock Whitney Corporation has entered into a definitive agreement to acquire OFB Bancshares, Inc., the parent company of One Florida Bank, in an all-cash transaction valued at $378 million. The acquisition provides Hancock Whitney entry into the Orlando MSA and strengthens its branch footprint in Central Florida. The transaction was announced on May 15, 2026, with expected closing in Q3 2026 pending regulatory and shareholder approvals. The deal is expected to be immediately accretive to GAAP earnings per share and improve projected 2027 return on tangible common equity by approximately 170 basis points.
• Jack Henry & AssociatescoreTechnology or IntegrationJack Henry provides the Treasury One digital banking platform used by One Florida Bank for commercial treasury management services. The bank integrates Jack Henry's Treasury One solution for business banking customers to access treasury management services.
• BanzaiminorOthersBanzai is a non-profit organization providing financial education tools utilized by millions of educators and students throughout the United States. One Florida Bank partners with Banzai to provide free, reliable financial information to customers through their sponsorship of the Banzai financial literacy platform.
• ComputershareminorOthersComputershare serves as the transfer agent for OFB Bancshares, Inc. All company shares of common stock are held electronically in book entry format. Shareholders can access their registered holdings and perform transactions through Computershare's website and support center.
• FDICcoreOthersOne Florida Bank is a member of the FDIC (Federal Deposit Insurance Corporation), with deposits insured up to the legal limit. The FDIC logo and Member FDIC designation appears on the bank's website confirming federal deposit insurance.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Seacoast Banking Corporation of Florida: Florida-headquartered community bank offering consumer and commercial banking across the state. Directly comparable to One Florida Bank as a Florida-focused community banking franchise with similar deposit-gathering and SME commercial lending mix.
• Amerant Bank: Florida-based community bank serving consumers and small/medium businesses with checking, lending, and treasury management products. Closely comparable business model and target customer profile to One Florida Bank.
• Capital City Bank Group: Florida-headquartered community bank with a mix of consumer and commercial banking across North and Central Florida. Comparable regional community-bank model serving similar SMB and household segments.
• Pinnacle Financial Partners: Relationship-focused community bank delivering consumer, small-business, and commercial banking plus treasury management. Highly comparable operating model emphasizing local decision-making and banker-led service.
• United Community Banks: Community-focused regional bank with consumer and commercial banking products including treasury management and SBA lending. Comparable community-bank franchise model targeting similar SMB and household segments.

Broad incumbents

• BankUnited: Large Florida-based commercial bank serving consumers, small businesses, and middle-market commercial clients. Comparable Florida retail and commercial banking franchise, but at significantly larger scale.
• Hancock Whitney Corporation: Gulf Coast regional bank and announced acquirer of One Florida Bank. Relevant as the acquiring strategic acquirer with overlapping community/commercial banking products and a comparable relationship-banking culture.
• Cadence Bank: Sunbelt-focused regional bank offering consumer, small-business, and commercial banking across the Southeast. Comparable product set but at substantially larger scale and broader geographic footprint.
• SouthState Corporation: Southeast regional bank formed from mergers of several community banks including Florida institutions. Comparable commercial and consumer banking suite with an overlapping Florida franchise.
• First Horizon National Corporation: Large Southeast regional bank offering consumer, commercial, and treasury management products. Comparable product breadth but at much larger scale; relevant for benchmarking community-bank operating models against regional incumbents.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OneFloridaBank
• LinkedInlinkedin.com/company/one-florida-bank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One Florida Bank