About Sanibel Captiva Community Bank

Founded in 2003 on Sanibel Island, SanCap Bank recently achieved a significant milestone by surpassing $1 billion in total assets. The bank specializes in both personal and business banking, offering diversified residential and commercial lending services, and serves a broad client base across Southwest Florida. Renowned for its robust community connection, SanCap Bank boasts one of the highest returns on equity among Florida banks while maintaining a strong capital position and low risk profile.

In line with its growth strategy, the bank is set to open a new location on Fort Myers Beach—a region that has lacked banking services since 2022—thereby providing crucial financial services to the community once again.

Transition to Advanced Technology with Jack Henry

SanCap Bank is transitioning to Jack Henry's configurable core processing platform, which promises to streamline operations and automate workflows, allowing bank employees to dedicate more time to customer service. The integration of Jack Henry’s open ecosystem will facilitate seamless connections with essential third-party technology providers. This evolution aims to enhance service consistency and meet changing customer expectations more effectively.

John Wright, Executive Vice President, Chief Financial Officer, and Chief Operating Officer at SanCap Bank, emphasized the bank's long-term vision: "What truly sets us apart is that we intend to be here forever. We have no interest in selling, and everything we do is focused on building for the future." He noted the bank's commitment to expanding into underserved areas, reiterating their mission to provide dependable local banking services.

Implications of the Partnership for Community Banking

Jonathan Baltzell, President of Bank Solutions at Jack Henry, contributed that the collaboration will enhance SanCap Bank's operational capabilities. "SanCap Bank has navigated growth and adversity with a long-term mindset and a strong sense of purpose," he stated. The modern technology solutions provided by Jack Henry will enable the bank to operate with improved agility and efficiency, ensuring it remains competitive while continuing to exemplify high-touch service for its communities.

SanCap Bank's Commitment to Community and Performance Standards

Sanibel Captiva Community Bank operates nine locations throughout Lee County and has received accolades for its performance, consistently ranking as a top-performing community bank by S&P Global Market Intelligence. The bank maintains a strong capital base and achieves one of the highest returns on equity among its peers. Furthermore, with more than 120 employees, over 60% are current shareholders, reflecting a strong internal commitment to the institution's success.

• Total assets exceeding $1 billion
• Over $4.5 million donated to local charities since inception
• Close to 1,000 hours volunteered annually by employees

With a focus on personalized banking services, SanCap Bank specializes in a range of offerings, including personal and business checking, residential and commercial lending, as well as digital banking products and services.

About Jack Henry & Associates

Jack Henry™ (Nasdaq: JKHY) is a prominent financial technology firm dedicated to enhancing connections between financial institutions and their clients. With nearly 50 years of experience, the company provides innovative technology solutions that foster competitiveness and drive strategic differentiation for approximately 7,400 clients. Jack Henry prioritizes openness and collaboration, empowering financial institutions to meet the evolving needs of their accountholders.