20.11.2007 15:39:00

Bank of Florida Trust Company Promotes Scott Kellett, J.D., as President

Bank of Florida Trust Company (Nasdaq:BOFL) recently announced that Scott Kellett, J.D., has been promoted to President of Bank of Florida Trust Company. Mr. Kellett previously served as President for the West Coast division overseeing client relationships and operations. With this promotion, his responsibilities have been expanded to include overseeing both the East and West Coast of Florida divisions. "Scott is a highly respected trust professional and strong leader. He skillfully combines investment expertise and knowledge of ever-changing tax laws, with a keen attention to serving his clients’ current needs and reaching their future objectives. He is uniquely qualified to continue to build on the current and future successes of our company,” said Julie Husler, Chief Executive Officer of Bank of Florida Trust Company. Bank of Florida Trust Company, with offices in Naples and Fort Lauderdale, Florida, is a boutique investment firm specializing in financial consulting, portfolio management, advisory services, alternative investment strategies, family office planning, business succession planning, trust services and private banking. Founded in 2000, the company has experienced great success in building a strong clientele of successful executives, professionals, entrepreneurs and retirees. Bank of Florida Trust Company currently ranks as one of Florida’s top 25 Trust Banking Firms as ranked by Florida Trend Magazine based on assets under advice. "Although we are a trust company by name, investment management is our primary focus. We provide non-proprietary, objective advice and engage best-in-class, proven money managers from around the country for our client portfolios,” Mr. Husler went on to say. Over the past two years, assets under management have grown to over $500 million, a 47% increase. During that same time period, quarterly revenue for the company has increased 71%, further contributing to the bottom line of Bank of Florida Corporation. Mr. Kellett has nearly 15 years of experience in private banking, trust administration, estate and tax planning for high net worth individuals, and foundations and estate administration. Prior to joining Bank of Florida Trust Company, he served as Senior Vice President and Florida Private Client Group Manager at Fifth Third Bank Investment Advisors (formerly First National Bank of Florida) and Vice President and Administrative Manager at SunTrust Bank. He earned a Bachelor of Arts Degree in Political Science with an emphasis in Economics from the University of Missouri – Columbia, and a Juris Doctorate from the University of Missouri – Columbia School of Law. He is a member of the Board of Directors for the Florida Bankers Association Florida Trust School where he serves as an instructor. Mr. Kellett was recently chosen as a Five Star: Best in Client Satisfaction Wealth ManagerSM for 2008 by Gulfshore Life Magazine. Bank of Florida Corporation Bank of Florida Corporation (Nasdaq:BOFL) (Newspaper listing: "BcshFla”) is a $1.3 billion-asset multi-bank holding Company located in Naples, Florida. Bank of Florida Corporation is the parent company for Bank of Florida - Southwest in Collier and Lee Counties; Bank of Florida – Southeast in Broward, Miami-Dade and Palm Beach Counties; Bank of Florida – Tampa Bay in Hillsborough and Pinellas Counties; and Bank of Florida Trust Company. Investor information may be found on the Company’s web site, http://www.bankofflorida.com, by clicking on the "Investor Relations" tab. To receive an email alert of all Company press releases, SEC filings, and events, select the "Email Notification” section.

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