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First Community Bank of Southwest Florida

Fort Myers, FL · failed August 2, 2013 · FDIC certificate 34943

First Community Bank of Southwest Florida of Fort Myers, FL failed on August 2, 2013. It opened on March 1, 1999, 14 years before. At its last report before that it held $247.3 million in assets and $243.6 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2005, it held $345.7 million. The FDIC estimates that the Deposit Insurance Fund lost $24.9 million on it.

1999-032013-06

Assets at the end$247.3 millionlast report before August 2, 2013

Deposits at the end$243.6 million

Estimated loss to the fund$24.9 millionDIF

Largest in the quarterly reports$345.7 millionSeptember 30, 2005

Equity to assets-0.6%June 30, 2013

Loans not being repaid10.5%noncurrent, June 30, 2013

Return on assets-6.99%a year's rate, June 30, 2013

Staff62full time, June 30, 2013

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Also ended in 2013

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Mountain National Bank · Sevierville, TN · $437.3 million in assets
Community South Bank · Parsons, TN · $386.9 million in assets
Douglas County Bank · Douglasville, GA · $317.3 million in assets
Frontier Bank · Lagrange, GA · $258.8 million in assets
SUNRISE BANK OF ARIZONA · Phoenix, AZ · $202.2 million 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.