8-K
1
fcbiform8k08242006.txt
FLORIDA COMMUNITY BANKS, INC. FORM 8-K



                       SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.


                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


       Date of Report (date of earliest event reported): January 24, 2006



                          FLORIDA COMMUNITY BANKS, INC.
             (Exact name of registrant as specified in its charter)




        Florida                       000-1170902                 35-2164765
        -------                      -----------                  ----------
(State or other jurisdiction     Commission File Number       (I.R.S. Employer
    Of incorporation)                                        Identification No.)




                1400 North 15th Street, Immokalee, Florida 34142
                    (address of principal executive offices)

                  Registrant's telephone number: (239) 657-3171




                                 Not Applicable

          (Former name or former address, if changed since last report)






ITEM 2.02.        Results of Operation and Financial Condition

     On January 24, 2006,  Florida  Community Banks, Inc. issued a press release
announcing its financial results for the year ended December 31, 2005. A copy of
the press release is furnished as Exhibit 99.1 to this report.

ITEM 9.01.        Financial Statements and Exhibits.

(c) Exhibits.

The following exhibit is being furnished with this Report:

99.1     Press Release (solely furnished and not filed).


SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date:    January 24, 2006

Florida Community Banks, Inc.
(Registrant)


By:      /s/ Guy Harris
         Guy Harris
         Chief Financial Officer






                                  EXHIBIT 99.1
1400 N. 15th Street
Immokalee, FL 34142
Ph: ###-##-####
Fax: 239-657-2393

                                  PRESS RELEASE
SUBJECT: Florida Community Banks, Inc. 2005 Earnings
DATE: January 24, 2006

                          Florida Community Banks, Inc.
                                  2005 Earnings

     Florida  Community Banks, Inc. reported that unaudited net income increased
48.8% in 2005 compared to 2004.  Net income was  $18,218,031  ($3.29 per diluted
share) for the year ending December 31, 2005 compared to $12,241,932  ($2.23 per
diluted  share)  during  2004.

     CEO Stephen L. Price stated, "The significant  increase in net income was a
direct  result of improved net interest  income caused by higher loan volume and
keeping the growth of our cost of funds as low as  possible.  In  addition,  the
bank has done a good job controlling the growth in non-interest expenses." Price
further   stated   "Florida   Community  Bank  is  different  from  most  banks.
Headquartered in Southwest  Florida for the past 80 years, we expect to continue
building  long term  relationships  with our  customers.  Many  banks  that call
themselves  community  banks today are recently formed and have as their goal to
simply  grow an asset base so they can sell their  customers  to a larger  bank,
take their profits, and walk away. They do not operate profitably,  because they
expect to make their  profits when they sell their  customers to a larger out of
state bank. Florida Community Bank is consistently one of the highest performing
banks in Florida because it has a strategy to improve earnings every year so the
bank will continue to be owned by shareholders in the local community."

     Florida  Community  Banks,  Inc. is a $906 million  commercial bank holding
company, which specializes in commercial lending and has been serving SW Florida
for over 80 years, with offices in Hendry, Collier, Lee, and Charlotte counties.
The Company's  5,493,141 shares of outstanding  stock are owned by more than 950
shareholders  predominantly residing in the four counties served by the company.
Florida  Community Banks, Inc.  corporate  headquarters is located in Immokalee,
Florida.





The following information was filed by Florida Community Banks Inc on Tuesday, January 24, 2006 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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