Private company

Professional Holding Corp.

Professional Holding Corp. is an American national commercial bank based in Coral Gables, no longer active.2

Last updated Oct 21, 2026.

Overview

  • IndustryNational Commercial Banks2
  • HeadquartersCoral Gables, United States2
  • Incorporated inFL3
  • Business address396 Alhambra Circle, Ste. 255, Coral Gables, Fl 331463
  • Filer category, Emerging growth company3
  • Legal formProfit Corporation2
  • LEI549300MOIYR1NW3J2W562
  • StatusInactive2
  • LEI statusRetired2
  • Registered addressC/O Benevente, Mary, 33134 Coral Gables, United States2
  • Registered withFlorida Division of Corporations, P140000073582

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income45$21.4M in 2021+815% since 2019
0$10.0M$20.0M$30.0M2019: $2.3M$2.3M20192020: $8.3M$8.3M2020+256%2021: $21.4M$21.4M2021+157%
Fiscal year20182019202020212022
Interest$11.2M4$9.0M5$7.3M5
Income before tax$26.5M5
Income tax$656.0K4$2.4M5$5.1M5
Net income$2.3M4$8.3M5$21.4M5
Earnings per share$0.404$0.695$1.615
Earnings per share (diluted)$0.404$0.675$1.545
Shares (weighted, basic)13.3M shares5
Shares (weighted, diluted)13.9M shares5

Compare Professional Holding Corp. with another company

Corporate structure

Professional Holding Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Professional Holding Corp.

  • Professional Holding Corp. Coral Gables, Florida, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Professional Holding Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$8.8M5 Dec 31, 2021$7.6M5 Dec 31, 2020+15.1%
Accumulated depreciation$4.9M5 Dec 31, 2021$3.2M5 Dec 31, 2020+50.8%
Property and equipment, net$3.9M5 Dec 31, 2021$4.4M5 Dec 31, 2020−11.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$597.5M5 Dec 31, 2021$217.0M5 Dec 31, 2020+175.4%
Debt securities available for sale$194.3M5 Dec 31, 2021$87.5M4 Dec 31, 2020+122.0%
Debt securities held to maturity$236.0K5 Dec 31, 2021$1.5M5 Dec 31, 2020−84.7%
Equity securities at fair value$6.6M5 Dec 31, 2021$6.0M5 Dec 31, 2020+10.5%
Loans, net of allowance$1.6B4 Dec 31, 2020$785.2M4 Dec 31, 2019+109.5%
Deposits held (banks)$2.4B5 Dec 31, 2021$1.7B5 Dec 31, 2020+42.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$24.6M5 Dec 31, 2021$24.6M5 Dec 31, 20200%
Intangible assets, net (excluding goodwill)$1.1M5 Dec 31, 2021$1.4M5 Dec 31, 2020−19.5%
Accumulated amortization$277.0K5 Dec 31, 2021$224.0K5 Dec 31, 2020+23.7%
Finite-lived intangibles, net$1.1M5 Dec 31, 2021$1.4M5 Dec 31, 2020−19.5%

Leadership

Who has led Professional Holding Corp., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Mary Usategui2020

Chief operating officer

  1. Abel L. Iglesias2020
2025
Board members and other officers (14)

Timeline

  1. Jan 27, 20238-K Results of operations24
  2. Dec 28, 20228-K Executive or director change; Other events25
  3. Dec 20, 20228-K Shareholder vote26
  4. Dec 9, 20228-K Other events27
  5. Oct 28, 20228-K Results of operations; Regulation FD disclosure28
  6. Oct 28, 20228-K Executive or director change29
  7. Aug 11, 20228-K Entered a material agreement30
  8. Jul 28, 20228-K Results of operations; Regulation FD disclosure31
  9. May 26, 20228-K Shareholder vote32
  10. Apr 29, 20228-K Results of operations; Regulation FD disclosure33
  11. Apr 21, 20228-K Executive or director change34
  12. Apr 7, 20228-K Executive or director change35
  13. Jan 24, 2014Founded Professional Holding Corp. is founded2

Calendar

When it reported results

  1. Jan 27, 2023Reported quarterly or annual results24
  2. Oct 28, 2022Reported quarterly or annual results28
  3. Jul 28, 2022Reported quarterly or annual results31
  4. Apr 29, 2022Reported quarterly or annual results33
  5. Jan 27, 2022Reported quarterly or annual results36
  6. Oct 28, 2021Reported quarterly or annual results37

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

74 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 19 major events, 37 insider forms, 10 large holders, 3 other. The latest 20:

  1. Feb 14, 2023SC 13G/A EDGAR
  2. Feb 10, 202315-12G EDGAR
  3. Feb 9, 2023SC 13G/A EDGAR
  4. Feb 3, 2023SC 13G EDGAR
  5. Jan 27, 20238-K EDGAR
  6. Dec 30, 20224 EDGAR
  7. Dec 30, 20224 EDGAR
  8. Dec 30, 20224 EDGAR
  9. Dec 30, 20224 EDGAR
  10. Dec 30, 20224 EDGAR
  11. Dec 30, 20224 EDGAR
  12. Dec 30, 20224 EDGAR
  13. Dec 30, 20224 EDGAR
  14. Dec 30, 20224 EDGAR
  15. Dec 28, 20228-K EDGAR
  16. Dec 20, 20228-K EDGAR
  17. Dec 9, 20228-K EDGAR
  18. Nov 15, 20224 EDGAR
  19. Nov 14, 2022DEFM14A EDGAR
  20. Nov 9, 202210-Q EDGAR

The 74 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 0 buys and 4 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 15, 2022Schimmel LawrenceDirectorSale2,237$21.32$47.7KForm 4
Dec 14, 2021Schimmel LawrenceDirectorSale1,102$18.90$20.8KForm 4
Nov 24, 2021Schimmel LawrenceDirectorSale150$19.88$3.0KForm 4
Nov 17, 2021DiGasbarro RolandoDirectorSale2,500$18.75$46.9KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Professional Holding Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARProfessional Holding Corp.1
  • CIK0001630856
  • Employer ID (EIN)46-51443121
  • Filer status<br>emerging growth company1
  • Incorporated inFlorida1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6021 National Commercial Banks1
  • Business address396 Alhambra Circle, Ste. 255, Coral Gables, FL 331461
  • Phone561-868-90401
  • Shares outstanding13,814,427 as of Nov 4, 20228
  • Public float$235.3M as of Jun 30, 20215
  • On EDGAR sinceApr 14, 20151
  • Filings228 in all: 4 (88), 8-K (41), 3 (16), CORRESP (10), SC 13G/A (10), 10-Q (9), SC 13G (6), UPLOAD (6)1
    All 34 form types

    10-K (3), 8-K/A (3), D (3), DEF 14A (3), EFFECT (3), S-1/A (3), 424B3 (2), DRS (2), DRSLTR (2), S-8 (2), 15-12G (1), 25-NSE (1), 3/A (1), 424B4 (1), 425 (1), 8-A12B (1), CERT (1), DEFA14A (1), DEFM14A (1), DRS/A (1), FWP (1), S-1 (1), S-3 (1), S-4 (1), S-4/A (1), S-8 POS (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2022
    Quarterly report (10-Q) Nov 9, 2022
    Proxy statement (DEF 14A) Apr 26, 2022
    Latest 8-K (8-K) Jan 27, 2023

Sources

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    SEC EDGAROther events
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