X0101 D LIVE 0001042521 Sun American Bancorp 9293 GLADES ROAD BOCA RATON FL 33434 (561) 544-1908 PANAMERICAN BANCORP SOUTHERN SECURITY BANK CORP SOUTHERN SECURITY FINANCIAL CORP DE Corporation true Michael E. Golden 9293 Glades Road Boca Raton FL 33434 Executive Officer Director Robert K. Garrett 9293 Glades Road Boca Raton FL 33434 Executive Officer Alfredo M. Barreiro 9293 Glades Road Boca Raton FL 33434 Executive Officer William T. Ross 9293 Glades Road Boca Raton FL 33434 Executive Officer James F. Partridge 9293 Glades Road Boca Raton FL 33434 Director Alberto Valle 9293 Glades Road Boca Raton FL 33434 Director Leonard F. Marinello 9293 Glades Road Boca Raton FL 33434 Director Michael F. Rosinus 9293 Glades Road Boca Raton FL 33434 Director Nelson Famadas 9293 Glades Road Boca Raton FL 33434 Director Stephen L. Perrone 9293 Glades Road Boca Raton FL 33434 Director Robert L. Nichols 9293 Glades Road Boca Raton FL 33434 Executive Officer Commercial Banking $25,000,001 - $100,000,000 06 false 2008-09-25 false true true true false 2500 Dawson James Securities, Inc. 130645 None None 925 S. Federal Highway, Ste. 600 Boca Raton FL 33432 FL 10000000 375000 9625000 Includes proceeds from exercise of warrants. false 3 450000 true 0 The placement agent shall also receive a warrant to purchase shares of common stock equal to 5% of the shares sold by the placement agent, at the exercise price of $3.50 per share. 0 false Sun American Bancorp Robert Nichols Robert Nichols Chief Financial Officer 2008-10-10