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BOFL > SEC Filings for BOFL > Form 8-K on 2-Nov-2009All Recent SEC Filings

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Form 8-K for BANK OF FLORIDA CORP


2-Nov-2009

Results of Operations and Financial Condition, Other Events, Financial State


ITEM 2.02. Results of Operation and Financial Condition

On November 2, 2009, Bank of Florida Corporation ("Company") issued a press release and related tables announcing its financial results for the period ending September 30, 2009. A copy of the press release is being filed as Exhibit 99.1 to this report and a copy of the related tables are filed as Exhibit 99.2 to this report.



ITEM 8.01. Other Events.

On November 2, 2009, the Company issued another press release announcing the promotion of Scott Kellett, President of Bank of Florida Trust Company ("Trust Company"), to serve as both the Chief Executive Officer and President of the Trust Company. In addition the press release announced the reassignment of Craig Sherman to a senior role in the Company's Special Assets Division. Mr. Sherman's employment agreement with the Company has expired, and consistent with current Company policy, we plan to offer him a Change in Control Agreement on terms similar to change in control agreements we have with our other senior officers. We also plan to offer Mr. Kellett a Deferred Compensation Agreement, pursuant to the Company's Deferred Compensation Plan. These agreements are subject to prior regulatory approvals.



ITEM 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are being furnished with this Report:

99.1 Financial Results Press Release.

99.2 Related Financial Tables.

99.3 Other Events Press Release.


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