BankAtlantic Bancorp Plans to Issue Financial Results for the Fourth Quarter and Full Year, 2011

Pre-Announces - BankAtlantic Expects to Continue to Exceed Regulatory Capital Requirements


FORT LAUDERDALE, Fla., Jan. 25, 2012 (GLOBE NEWSWIRE) -- BankAtlantic Bancorp, Inc. (NYSE:BBX) announced today that it plans to release its financial results for the fourth quarter and full year ending December 31, 2011, in a press release at the end of February 2012.

Additionally, while its financial results are still preliminary, BankAtlantic currently anticipates its December 31, 2011 regulatory capital ratios will not be significantly changed from its September 30, 2011 ratios, as set forth below, and will continue to exceed all regulatory capital requirements applicable to it. BankAtlantic's capital ratios have never fallen below its regulatory requirements over the last several difficult years for the U.S. and Florida economy. Historical capital ratios at BankAtlantic were:

   12/2006  12/2007  12/2008  12/2009  12/2010  6/2011  9/2011
Tier 1/Core  7.55%    6.94% 6.80% 7.58% 6.22% 8.24% 8.29%
Tier 1 Risk-Based 10.50%    9.85%    9.80%    10.63% 9.68% 12.38% 12.77%
Total Risk-Based 12.08%   11.63%    11.63% 12.56% 11.72% 14.52% 14.96%

About BankAtlantic Bancorp:

BankAtlantic Bancorp (NYSE:BBX) is a bank holding company and the parent company of BankAtlantic.

About BankAtlantic:

BankAtlantic, Florida's Most Convenient Bank, is one of the largest financial institutions headquartered in Florida.  Via its broad network of community branches and conveniently located ATMs, BankAtlantic provides a full line of personal, small business and commercial banking products and services.  BankAtlantic is open 7 days a week and offers extended weekday hours, Online Banking & Bill Pay, a 7-Day Customer Service Center, Change Exchange coin counters, as well as retail and business checking accounts. Member FDIC.

For further information, please visit our websites:

http://www.bankatlanticbancorp.com/">www.BankAtlanticBancorp.com

http://www.bankatlantic.com/">www.BankAtlantic.com

To receive future BankAtlantic Bancorp news releases or announcements directly via Email, please click on the Email Broadcast Sign Up button on our website: www.BankAtlanticBancorp.com.

Matters discussed in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. This press release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. All opinions, forecasts, projections or other statements, other than statements of historical fact, are forward-looking statements and include words or phrases such as "anticipate," "plan," "estimate," "intends" and words and phrases of similar import. Additionally, the financial information in this release is preliminary and actual financial results and the associated capital ratios for the fourth quarter and full year ended December 31, 2011 may differ from the September 30, 2011 ratios indicated.



            

Contact Data