File photo 1st United Bancorp CEO Rudy Schupp Senior Reporter- South Florida Business Journal | | 1st United Bancorp completed its acquisition of Enterprise Bancorp, the parent of North Palm Beach-based Enterprise Bank of Florida, and the price came in at $45.8 million. The Boca Raton-based bank holding company (NASDAQ: FUBC) said only $5 million of the price was cash. It gave $22.2 million of non-performing and adversely classified assets and $18.6 million in impaired and below investment grade securities from Enterprise Bank to , the main...
↧