PARADISE BANK
BOCA RATON, FLORIDA

Paradise Bank is a result of the collective imagination of a group of highly successful business people with extensive local banking and business experience. The Founders of Paradise Bank raised $24,500,000 – one of the highest initial capital raised in the history of Florida – illustrating the community’s desire and need for a unique, state chartered bank that is also a Federal Reserve Member and FDIC insured. We have the capital to meet the needs of most businesses, state-of-the-art technology, and we have the veteran local bankers with the authority to act quickly and who genuinely enjoy helping their customers. Add to this, free ice cream in our lobbies as well as cookies and gourmet treats and you begin to get the flavor of what we are all about. Paradise Bank offers an experience unmatched in the world of banking. You are greeted as a member of our family with warm smiles, a firm handshake and the promise of extraordinary levels of service. We believe that building long term economic value for clients is more important than building a bigger bank to be sold off to some even bigger out-of-state bank. Over the past two decades, our team of local bankers has known that our most important assets are comprised of our community, our loyal customers, and our devoted employees. Our strategic plan for the bank is to remain small and focused on serving the needs of our customers. As a Subchapter S Bank we are committed to a long term presence, ensuring the continuation of the loyal relationships that led to our achieving $100 million in total assets in our first year of operation. Our long-term customers know our staff is extraordinary, and we have modeled our business to focus on serving the specific needs of our individual and corporate clients. We passionately believe in giving back to community and keeping the deposits local to benefit our customers and our community. Over 80% of deposits in the State of Florida are now held by banks from outside of Florida. We keep your deposits right here in our home state where we work as vital members of our community. We are connected, involved and committed to making our community more prosperous and enjoyable. Paradise Bank has created a club type atmosphere in a large luxurious private banking facility in Boca Raton housing all of our support staff in a comfortable and relaxed atmosphere. Two beautiful branch offices in Ft. Lauderdale and Delray Beach further enhance our service capabilities. Our strong local Board of Directors and Advisory Board are comprised of diverse, highly successful business leaders to ensure our ongoing commitment to serve our community and our pledge of excellence. James Comparato, President of Compson, Associates, Inc. has been in real estate development for over thirty– eight (38) years. He is third generation real estate developer with a bachelor degree in Business Management and Finance from the University of Dayton. He is responsible for over 2 billion dollars of real estate development throughout the eastern seaboard in office buildings, shopping centers, apartments, residential condominiums, and mixed-use projects. His current projects in Boynton Beach, FL include a mixed-use development, Boynton Village and Town Center of over 1.2 million square feet. David Dickenson is the President of the law firm of Dickenson, Murphy, Rex & Sloan, PA. Mr. Dickenson founded the firm where he has practiced law since 1968. He also served as a Director of Admiralty Bancorp, Inc. and Admiralty Bank until the sale of the bank to Royal Bank of Canada in 2003. Prior to that, Mr. Dickenson also served as a Director of 1st United Bank in Boca Raton, Florida from 1987 to 1997. David Englert is the Chief Business Development Officer and Executive Vice President. Mr. Englert was an Executive Vice President and Regional Manager of Admiralty Bank in Palm Beach Gardens, Florida from 1998 until the recent sale of the bank to the Royal Bank of Canada. Prior to Admiralty Bank, Mr. Englert served as Senior Vice President/ Commercial Lending for 1st United Bank in Boca Raton, Florida until the sale of the bank to Wachovia Bank in 1998. Mr. Englert attended Ball State University. Howard Goldsmith is a managing member of the Goldsmith Investment Group. He previously served as the Chief Executive Officer and principal owner of Panamedia Radio Group, a holding company for several radio stations in the southeast United States, from 1989 until June 2004 when the company was sold. Mr. Goldsmith received his Bachelor of Science in Business Administration in 1969 from New York University. Allen D. McGee, Chairman, President and CEO of RCOA, has served as the Company’s President and CEO since the Company’s formation and as Chairman since 2006. Before joining RCOA as CEO, Mr. McGee was chief executive officer and co-founder of Dialysis Centers of America. Before co-founding DCA, he served as senior vice president responsible for marketing, sales and acquisition development at Damon Corporation. Prior to Damon Corporation, Mr. McGee held the positions of senior executive vice president of Specialty Laboratories in Los Angeles, vice president of marketing at International Clinical Laboratories (acquired by SmithKline) and national marketing director of American Biomedical Corporation (acquired by National Health Laboratories). Mr. McGee is a member of the Science Advisory Board at Florida Atlantic University’s Schmidt College of Science where he is a member of the Finance Committee. Mr. McGee serves on the Board of Trustees of Hendrix College and a member of the Finance and Investment Committee. Mr. McGee has served three terms on the Vestry at St. Gregory’s Episcopal Church in Boca Raton, Florida. Kevin M. Sacket is President and Chief Financial Officer of Sunrise Bank located in Cocoa Beach, Florida. Mr. Sacket was Chief Financial officer of Paradise Bank until December 2010 and was also Chief Financial Officer of Admiralty Bank in Palm Beach Gardens from 1998 until the sale of the bank to Royal Bank of Canada. Prior to Admiralty Bank, Mr. Sacket served as Chief Financial Officer at First Western Bank in Cooper City, Florida for two years and was with 1st United Bank in Boca Raton, Florida for four years. Mr. Sacket was with Florida Department of Bank in West Palm Beach Florida for three years and prior to that the Ohio Department of Banking in Columbus, Ohio from 1986 to 1989. Mr. Sacket received his B.B.A. from Ohio University.