operates as a financial services holding company that offers consumer and commercial banking, brokerage services, and investment banking.
Its principal subsidiaries include BankAtlantic (bank) and RB Holdings, Inc., a holding company of Ryan Beck & Co.
, Inc.
(Ryan Beck). The bank attracts checking and savings deposits; originates commercial real estate and business loans, and consumer and small business loans; purchases wholesale residential loans; and makes other investments in mortgage-backed securities, tax certificates, and other securities.
As of March 1, it offered these services through 74 branch locations in Florida and operated approximately 200 ATMs.
Ryan Beck engages in underwriting, distribution, and trading of equity and fixed income securities.
It also provides general securities brokerage, and consulting and financial advisory services to financial institutions and middle market companies.
In addition, Ryan Beck offers equity research in the financial institutions, healthcare, and consumer product sectors.
The company was organized under the laws of Florida in 1994 and is headquartred in Ft.
Lauderdale, Florida.
