SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0362
Estimated average burden
hours per response:			1.0

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

LONGE THOMAS J

(Last)

(First)

(Middle)

599 9TH STREET NO.

SUITE 101

(Street)

NAPLES

34102

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
TIB FINANCIAL CORP. [ TIBB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
	Vice Chairman/CEO & President		TIB Bank Chairman

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2009

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $.10 par value	12/31/2009		J	753⁽¹⁾	A	$0.00	25,710	D
Common Stock, $.10 par value	12/31/2009		J	105⁽¹⁾	A	$0.00	3,607	I	By Patrick J. Longe Revocable Trust
Common Stock, $.10 par value	12/31/2009		J	967⁽¹⁾	A	$0.00	32,926	I	By Patrick J. Longe Roth IRA
Common Stock, $.10 par value	12/31/2009		J	15⁽¹⁾	A	$0.00	530	I	By Laurie Longe as Custodian for Andrew T. Longe UTMA, 9D2W62
Common Stock, $.10 par value	12/31/2009		J	291⁽¹⁾	A	$0.00	9,913	I	By Thomas J. Longe SEP IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options	$6.3329						05/22/2001	05/23/2011	Common Stock	10,615⁽²⁾		10,615	D
Stock Options	$6.0156						05/15/2009	05/15/2018	Common Stock	15,924⁽³⁾		15,924	D

Explanation of Responses:

1. TIB Financial Corp. declared a 1% stock dividend payable to all holders of record of common stock on 3/31/09, 6/30/09 and 9/30/09, respectively, which was distributed on 4/10/09, 7/10/09 and 10/10/09, respectively. The reporting person acquired 248 shares, 251 shares, and 254 shares, respectively, on each distribution date. The Patrick J. Longe Revocable Trust acquired 35 shares, 35 shares and 35 shares, respectively, on each distribution date. The Patrick J. Longe Roth IRA acquired 319 shares, 322 shares, and 326 shares, respectively, on each distribution date. Laurie Longe as Custodian for Andrew T. Longe UTMA acquired 5 shares, 5 shares, and 5 shares, respectively, on each distribution date. The SEP IRA acquired 96 shares, 97 shares and 98 shares, respectively, on each distribution date.

2. 10,615 Stock Option shares were granted May 22, 2001 and exercisable at any time and from time to time during the period expiring May 23, 2011.

3. 15,924 Stock Option shares were granted May 15, 2008 exercisable in one year on May 15, 2009 at any time from time to time during the period expiring May 15, 2018.

Remarks:

Through power of attorney, Mr. Longe has the right to vote the shares of the Patrick J. Longe Revocable Trust and Patrick J. Longe's Roth IRA and disclaims beneficial ownership to such shares.

	Vicki L. Walker, Attorney-In-Fact for Thomas J. Longe	01/21/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.