Sanibel Captiva Community Bank surpasses $1 billion in total assets

Sanibel Captiva Community Bank is thrilled to announce it has officially surpassed $1 billion in total assets, a major milestone that underscores the bank’s steady growth, financial strength and deep-rooted commitment to Southwest Florida. Surpassing $1 billion in total assets represents a key regulatory and operational benchmark for a community bank – demonstrating sustained balance sheet growth, increased lending capacity and enhanced scalability to support customer needs.

Established in 2003 with a single branch on Sanibel and $27 million in assets, the bank has grown into a trusted, top-performing community bank with nine locations throughout Lee County. Reaching $1 billion in total assets places Sanibel Captiva Community Bank among a relatively small group of community banks nationwide and one of only two Lee County-headquartered community banks. Out of more than 4,500 community banks in the U.S., only 12% have reached the $1 billion to $5 billion dollar mark – a threshold that signifies strong financial management and consistent growth, as well as expanded lending capacity, operational scalability and increased regulatory recognition. This milestone is a direct reflection of the bank’s relationship-driven lending model, unwavering focus on customer relationships and deep commitment to reinvesting in the community it serves.

“Reaching this milestone speaks to the trust our customers have in us, the strategic leadership of our board, the commitment of our shareholders and the tireless efforts of our team,” said Kyle DeCicco, president and CEO of Sanibel Captiva Community Bank. “This bank was built on relationships – putting people first, making decisions locally and reinvesting every possible dollar back into the communities we serve.”

Unlike other banks, Sanibel Captiva Community Bank keeps nearly every dollar deposited in the local economy, lending close to 100% of those funds to support the community. Over the past decade, the bank has maintained an exceptionally high loan-to-deposit ratio of 92%, turning the dream of homeownership into reality, helping local businesses start, thrive and grow, and fueling nonprofit work that strengthens the community.

The $1 billion milestone arrives as the bank continues to invest in Southwest Florida, including a new full-service branch coming to Fort Myers Beach in 2026, where it is already operating a temporary office and serves as the only bank on the island.

Sanibel Captiva Community Bank has been consistently recognized as one of the top-performing community banks in the nation, ranking in the top 2% by S&P Global Market Intelligence. The bank has received numerous accolades including Independent Community Bankers of America’s Best Community Bank to Work For, Gulfshore Business’ Best Places to Work in Southwest Florida and Florida Trend’s Best Places to Work in Florida among many others.

SanCap Bank has donated close to $5 million to over 400 local community causes, and its employees collectively volunteer nearly 1,000 hours each year. Whether supporting disaster recovery, teaching financial literacy to youth and adults, or standing behind the organizations that strengthen our community, the bank continues to demonstrate what it means to be a true community partner.

“Growth will never change our purpose. We’re here to serve our community – and we always will,” said DeCicco. “We’re proud to remain locally owned and operated, with no plans to sell or change who we are. This milestone belongs to every customer, employee and community partner who has been part of our journey. We’re proud of how far we’ve come and are excited for what’s next.”

Founded in 2003, Sanibel Captiva Community Bank has nine locations open throughout Lee County. In Fort Myers, the bank’s McGregor Branch, located at 15975 McGregor Blvd. has temporarily closed to allow for final construction on a new permanent building expected to open later this summer. On Fort Myers Beach, the bank is operating a temporary office open on Wednesdays, 9 a.m. to 2 p.m. while its permanent full-service branch is under development.

The bank has been nationally ranked as a top performing community bank by S&P Global Market Intelligence and is consistently rated a 4- to 5-star institution by Bauer Financial, a trusted independent bank rating firm. It is well-capitalized and generates one of the highest returns on equity of all Florida banks. The bank employs more than 120 employees, and more than 60% are current shareholders. Since 2003, the bank has contributed well over $4.5 million to over 400 local, charitable causes and employees volunteer close to 1,000 hours annually.

Sanibel Captiva Community Bank’s team members provide customized individual and business banking services and specialize in residential and commercial lending. The bank offers personal and business checking, residential and commercial lending services, instant issue debit cards and a full array of digital banking products and services, including mobile banking apps, CardHub, online bill pay, Zelle®, Positive Pay and ACH Manager. To learn more, visit sancapbank.com.