Investors pumped $5 million into Florida Bank Group Inc.

The company issued 5,107 share of non-cumulative perpetual series C preferred stock to accredited investors in a private placement offering, a filing with the U.S. Securities and Exchange Commission. The stock price was $1,000 a share, or $5.1 million in cash consideration. The company recorded $5 million on June 30.

Florida Bank Group, headquartered in Tampa, is the parent company of Florida Bank, with 14 banking offices in Hillsborough, Pinellas, Duval, St. Johns, Manatee and Leon counties.