The Graveyard › Banks › 2011
First Commercial Bank of Florida
Orlando, FL · failed January 7, 2011 · FDIC certificate 34965
First Commercial Bank of Florida of Orlando, FL failed on January 7, 2011. It opened on April 21, 1999, 11 years before. At its last report before that it held $578.6 million in assets and $537.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2008, it held $745.3 million. The FDIC estimates that the Deposit Insurance Fund lost $88.9 million on it.
1999-062010-12
Assets at the end$578.6 millionlast report before January 7, 2011
Deposits at the end$537.2 million
Estimated loss to the fund$88.9 millionDIF
Largest in the quarterly reports$745.3 millionSeptember 30, 2008
Equity to assets-2.3%December 31, 2010
Loans not being repaid25.5%noncurrent, December 31, 2010
Return on assets-8.38%a year's rate, December 31, 2010
Staff85full time, December 31, 2010
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- First Community Bank · Taos, NM · $2.2 billion in assets
- United Western Bank · Denver, CO · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.