HARB Harbor Florida Bancshares

NASDAQ invites Harbor Florida to NYC FORT PIERCE, Fla., Jan. 2 /PRNewswire-FirstCall/ -- On Monday, January 5 at 9:30 a.m., members of the executive leadership team at Harbor Florida Bancshares will open the world's largest electronic exchange, the NASDAQ, located in Times Square. As a wholly owned subsidiary of Florida Bancshares, Harbor Federal Savings Bank is the first financial institution headquartered on the Treasure Coast to achieve this important distinction and honor. Celebrating its 10th anniversary on the NASDAQ, Harbor Federal's President and CEO, Michael J. Brown, Sr., will initiate the day's trading with brief remarks about the company's steady growth. Harbor Federal is a high-performing bank strategically positioned within one of the fastest-growing residential areas in our nation. At fiscal year end 2003, total assets were $2.4 billion compared to $759 million in 1993. Total loans have climbed to $1.6 billion from $547 million in 1993. As a community-oriented bank, Harbor Federal has 643 employees today, compared with 318 people in 1993; the number of locations has grown to 35 from the original 21 in 1993. Founded in 1934, Harbor Federal operates 35 locations within 6 counties in Eastern Central Florida as one of the largest independent banks in Florida. "We are proud to accept the NASDAQ invitation for the Market Open," says Mike Brown. "And we are very proud to represent all Harbor Federal employees, past and present, who have worked diligently to make Harbor Federal the best place to work and the best place for banking services." Harbor Federal will open additional locations this year in Brevard, Lake and Indian River counties. DATASOURCE: Harbor Florida Bancshares, Inc. CONTACT: Media, D.B. Wienke, +1-772-467-3252, or , or Investors, Toni Santiuste, +1-772-460-7002, or , both of Harbor Florida Bancshares Web site: http://www.harborfederal.com/

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