TIB Financial Corporation

Proposed Ticker:	-	99451 Overseas Highway
Exchange:	None	Key Largo, Florida 33037
Industry:	Financial	(305) 451-4660

All share information is proposed
Type of Shares:	Common Shares	Filing Date:	3/27/97
U.S. Shares Filed:	1,178,124	Filing Price:	$5.35
Non-U.S. Shares Filed:	0	Offering Amount:	$6,302,963
Primary Shares:	0	Expenses:	-
Secondary Shares:	1,178,124	Shs Out After:	4,334,364

Manager	Tier	Phone
Non-Underwritten	Lead Manager

Issuer's Law Firm:						Holland & Knight
Auditor:						Bricker & Melton, P.A.

	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/31/96				12/31/96
Revenue:	$21.10			Assets:	$241.05
Net Income:	$3.20			Liabilities:	$218.43
EPS:	$0.72			Equity:	$22.62
Cash Flow:	$3.19
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year; cash flow represents cash flow from operations

Business Description

The company is a Florida corporation that is registered as a bank holding company with the Federal Reserve under the BHC Act. The company was incorporated in February 1996 to facilitate the Reorganization pursuant to which the company became the parent holding company of the Bank effective on August 31, 1996. Through the Bank, the company provides a broad range of commercial banking and financial services through nine banking offices located throughout the Florida Keys in Monroe County, Florida. The company currently engages in no significant operations either than the ownership of the Bank. The Bank was incorporated under laws of the State of Florida on December 28, 1973, and began banking business on February 1, 1974. As of December 31, 1996, the company had total assets of approximately $241.0 million, total deposits of approximately $204.9 million and total shareholders' equity of approximately $22.6 million.

Use of Proceeds

The proceeds from the proposed offering will be distributed to selling shareholders.

Last updated: 6/17/97