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Cogent Bank celebrates one-year anniversary in Southwest Florida

FORT MYERS, Fla. September 1, 2021 – Cogent Bank (Cogent), a full-service business and personal
bank based in Florida, announces the one-year anniversary of offering local banking services to
businesses and residents in Southwest Florida. Cogent’s first banking center in Fort Myers opened more
than 600 business accounts with over $100 million total deposits and completed $75 million in loan
closings during its inaugural year of operation.

“Cogent Bank is one of Florida’s fastest-growing banks,” says Brandon Box, Cogent Southwest Florida
market president. “We are a modern bank with cutting-edge technology and supplemented with oldfashioned
client service. Although we are a new name to many, the team we have built consists of 14
long-time bankers in Southwest Florida. We look forward to a long future ahead of serving Lee and
Collier counties.”

With its first year of operations coinciding with the pandemic, Cogent was also able to help its clients
during this difficult time by providing nearly 200 PPP loans totaling more than $40 million. Also, during
this challenging year, Cogent’s growth allowed the bank to grow its team by hiring six new associates.
Cogent continues its growth with the opening of a second banking center in Southwest Florida with a
new location in Naples this fall.

About Cogent Bank

Cogent Bank is a state-chartered bank that has operated as a full-service business and personal bank since
With over $900 million in total assets and more than 160 associates, Cogent offers multiple
banking centers in North, Central and Southwest Florida. Cogent offers a broad range of lending,
depository, treasury management and mobile banking services designed to meet the complex and diverse
needs of its clients while staying focused on the local communities it serves. Cogent believes banking is
personal and requires high-touch, innovative services designed to make managing financial transactions
easier. Cogent pairs its financial expertise with a passion for learning more about its clients’ goals and
objectives. To learn more, visit www.cogentbank.net.