Failed Bank List

6 failed banks ยท 2009 to 2012

Failed banks taken over by CenterState Bank of Florida, N.A.

CenterState Bank of Florida, N.A. of Winter Haven, Florida took over six failed banks between 2009 and 2012, the ninth-highest count among the 318 acquirers of that period. Together they reported $1.1 billion in assets and $1.0 billion in deposits at closing. The largest was First Guaranty Bank and Trust Company of Jacksonville, at $397 million. All of them were in Florida. Three of the deals came in 2010. The first was Ocala National Bank of Ocala, on January 30, 2009. The FDIC's estimated loss on these failures totals $208 million, a median of 15% of each bank's assets.

Failed banks taken over by CenterState Bank of Florida, N.A., by closing date200020052010201520202025First Guaranty Bank and Trust Company of Jacksonville, 2012-01-27Ocala National Bank, 2009-01-30Olde Cypress Community Bank, 2010-07-16Independent National Bank, 2010-08-20Central Florida State Bank, 2012-01-20Community National Bank at Bartow, 2010-08-20
Each circle is one failed bank, placed at its closing date; area shows total assets.
Every failed bank it took over, in date order
ClosedBankLocationTotal assetsEst. loss
January 30, 2009Ocala National BankOcala, FL$219 million$93.6 million
July 16, 2010Olde Cypress Community BankClewiston, FL$161 million$25.5 million
August 20, 2010Independent National BankOcala, FL$156 million$12.0 million
August 20, 2010Community National Bank at BartowBartow, FL$67.9 million$9.2 million
January 20, 2012Central Florida State BankBelleview, FL$71.5 million$13.7 million
January 27, 2012First Guaranty Bank and Trust Company of JacksonvilleJacksonville, FL$397 million$54.4 million

The FDIC names the acquirer in each failure record. This page lists what that record shows and says nothing about the acquiring bank today.