8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 24, 2010

BankAtlantic Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Florida   (State or other jurisdiction
of incorporation) 001-13133   (Commission
File Number) 65-0507804   (IRS Employer
Identification No.)

2100 West Cypress Creek Road,
Ft. Lauderdale, Florida (Address of principal executive offices)	33309 (Zip Code)

Registrant’s telephone number, including area code: 954-940-5000

Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

     On August 24, 2010, BankAtlantic Bancorp, Inc. issued a press release announcing that it is (1) terminating its previously announced cash offers to purchase, and consent solicitations relating to, its twelve series of non-publicly traded trust preferred securities (“TruPS”) having an aggregate principal amount of $230,000,000 and (2) dismissing the previously announced lawsuit it filed against The Bank of New York Mellon, as trustee under an indenture of an issuer of collateralized debt obligations which holds $25.2 million principal amount of TruPS. The press release announcing the termination of the offers and the dismissal of the lawsuit is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

     (d)  Exhibits.

Exhibit No.		Description
	99.1	Press Release dated August 24, 2010.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 24, 2010	BANKATLANTIC BANCORP, INC.
	By:	/s/ Valerie C. Toalson
		Valerie C. Toalson,
		Executive Vice President - Chief Financial Officer

INDEX TO EXHIBITS

Exhibit No.		Description
	99.1	Press Release dated August 24, 2010.

EX-99.1

Exhibit 99.1

BankAtlantic Bancorp Announces Termination of Offers to Purchase and

Consent Solicitations for All Non-Publicly Traded Trust Preferred Securities

     FORT LAUDERDALE, FL — August 24, 2010 — BankAtlantic Bancorp, Inc. (NYSE: BBX; the “Company”) announced today that it is terminating its previously announced cash offers to purchase, and consent solicitations relating to, its twelve series of non-publicly traded trust preferred securities (“TruPS”), with an aggregate principal amount of $230,000,000 (the “Offers”). The Offers were scheduled to expire on September 30, 2010.

     The Company also announced that it is dismissing the currently pending lawsuit it filed against The Bank of New York Mellon, as trustee under an indenture of an issuer of collateralized debt obligations which holds $25.2 million principal amount of TruPS. The lawsuit was filed seeking a declaratory judgment and order directing The Bank of New York Mellon, as trustee, to act on the direction received from the beneficial owners of the TruPS subject to the Offer to accept the Offer. As a result of the termination of the Offers, this lawsuit is no longer necessary.

About BankAtlantic Bancorp:

BankAtlantic Bancorp (NYSE: BBX) is a bank holding company and the parent company of BankAtlantic.

About BankAtlantic:

BankAtlantic, Florida’s Most Convenient Bank, is one of the largest financial institutions headquartered in Florida. Via its broad network of community branches, online banking division — BankAtlantic.com, and conveniently located ATMs, BankAtlantic provides a full line of personal, small business and commercial banking products and services. BankAtlantic is open 7 days a week with extended weekday hours, Free Online Banking & Bill Pay, a 7-Day Customer Service Center and Change Exchange coin counters.

For further information, please visit our websites:
www.BankAtlanticBancorp.com
www.BankAtlantic.com

To receive future BankAtlantic Bancorp news releases or announcements directly via Email, please click on the Email Broadcast Sign Up button on our website:

www.BankAtlanticBancorp.com.

BankAtlantic Bancorp Contact Info:
Leo Hinkley, Investor and Media Relations Officer
Telephone: (954) 940-5300
Email: InvestorRelations@BankAtlanticBancorp.com

BankAtlantic, “Florida’s Most Convenient Bank,” Contact Info:
Media Relations:
Sharon Lyn, Vice President
Telephone: 954-940-6383, Fax: 954-940-5320
Email: CorpComm@BankAtlanticBancorp.com

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