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Sarasota Bank
Sarasota
Bank
was an
independent
Sarasota, Florida-based
bank
operated by
Sarasota
BanCorporation
. It was
sold
to
Colonial BancGroup
in a
stock swap
worth
$40.5 million. It was
established
September 15
,
1992
and went
inactive
December 4
,
2003
when it was subsumed into
Colonial Bank
.