DLP Bank, a Bradford County-headquartered bank, announced today that it had been named to the Inc. 5000 list of America’s fastest-growing private companies for the second year in a row. This achievement comes on the heels of DLP Bancshares’ acquisition of DLP Bank, formerly Community State Bank, which closed in September 2022.

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Bob Peterson, DLP Capital CFO & DLP Bank Board

Published by New York City-headquartered Inc. magazine, the Inc. 5000 is an annual ranking of the nation’s fastest-growing companies as measured by cumulative revenue growth over the preceding three-year period. To be eligible for the 2025 Inc. 5000, companies must be “privately held, for profit; based in the U.S., and independent.” Contenders are also required to have generated no less than $100,000 in revenue in 2021 and at least $2 million in revenue in 2024.

“It’s been less than three years since DLP Bancshares acquired Community State Bank, now DLP Bank,” says Bob Peterson, Chairman of DLP Bank’s board of directors. “To be recognized as one of America’s fastest-growing companies for two years in a row within this short timeline shows that we’re thriving under new leadership, and that our strategic investments in technology and talent are paying off.”

“In the more than 60 years since we first opened our doors, our last several years as DLP Bank have been one of the most dynamic, impactful, and fast-paced,” says Harry Gunsallus, DLP Bank’s interim President. “We’re proud and grateful for this honor—one that would not be possible without the steadfast loyalty and trust of our community of clients in Northeast Florida and beyond,” he continues.

This year, DLP Bank ranked #3591 on the Inc. 5000, joining an exclusive cohort of companies that have managed to grow in spite of inflationary pressures and economic uncertainty. The top 500 companies in this year’s Inc. 5000 achieved a median three-year revenue growth rate of 1,552%, and have collectively added over 48,000 jobs to the American economy over the same period.

Inc. magazine will recognize this year’s award recipients at the Inc. 5000 Conference & Gala, a three-day event taking place in Phoenix, Arizona from October 22–24, 2025. The top 500 companies in the Inc. 5000 will be listed in the Fall issue of Inc. magazine.

About DLP Bank: Headquartered in Starke, Florida, DLP Bank provides personal and business banking and lending solutions to the residents of Bradford and Union counties. Initially founded as Community State Bank in 1957 and later acquired by DLP Bancshares in 2023, DLP Bank is on a mission to help clients dream bigger, live better, and prosper more.

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Reflecting on the milestone, Bob Peterson, Chairman of DLP Bank’s board of directors, noted, “Being named one of America’s fastest-growing companies for the second year in a row shows we’re thriving under new leadership.”