Spartan Securities Group Commences Market Making Activities in Florida Based Bank Stocks


ST. PETERSBURG, Fla., June 27, 2005 (PRIMEZONE) -- Spartan Securities Group, Ltd. today announced that it has commenced market making activities in the shares of numerous Florida based banks and other financial institutions.

These companies include:


 Atlantic BancGroup, Inc. (Nasdaq:ATBC)
 BFC Financial Corp. (Nasdaq:BFCF)
 Bancshares of Florida, Inc. (Nasdaq:BOFL)
 Capital City Bank Group, Inc. (Nasdaq:CCBG)
 Central Florida State Bank (OTCBB:CEFB)
 Coast Financial Holdings, Inc. (Nasdaq:CFHI)
 Commercial Bankshares, Inc. (Nasdaq:CLBK)
 Centerstate Banks of Florida, Inc. (Nasdaq:CSFL)
 First National Bancshares, Inc. (Nasdaq:FBMT)
 First State Financial Corp. (Nasdaq:FSTF)
 Harbor Florida Bancshares, Inc. (Nasdaq:HARB)
 Jacksonville Bancorp, Inc. (Nasdaq:JAXB)
 Old Harbor Bank of Fl. (OTCBB:OHBK)
 OptimumBank Holdings, Inc. (Nasdaq:OPHC)
 Seacoast Banking Corp of Fl. (Nasdaq:SBCF)
 Tarpon Coast Bancorp, Inc. (OTCBB:TCBA)
 21st Century Holding Company (Nasdaq:TCHC)
 TIB Financial Corporation (Nasdaq:TIBB)

"We are pleased to offer market making services to the shareholders of Florida based banks and other financial institutions," commented Micah J. Eldred, CEO of Spartan Securities Group, Ltd. "Adding these companies to the list of stocks we make a market in is one step in our ongoing effort to expand our financial institutions practice and to provide a comprehensive suite of capital markets services to banks and other financial institutions in our geographic region. Our current suite of services include: investment banking, institutional quality sales and trading, corporate services, and securities processing and transfer agency services. Current or interested shareholders are welcome to contact us to get an idea of both the market price and market depth for shares of these companies."

About Spartan Securities Group, Ltd.:

Spartan Securities Group, Ltd. is a privately held NASD member broker-dealer located in St. Petersburg, FL. Additional information can be found at www.spartansecurities.com.



            

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