Failed Bank List

4 failed banks ยท 2009 to 2011

Failed banks taken over by Stonegate Bank

Stonegate Bank of Fort Lauderdale, Florida took over four failed banks between 2009 and 2011, the 17th-highest count among the 318 acquirers of that period. Together they reported $352 million in assets and $339 million in deposits at closing. The largest was Integrity Bank, at $105 million. All of them were in Florida. Three of the deals came in 2009. The most recent was First Commercial Bank of Tampa Bay of Tampa, on June 17, 2011. The FDIC's estimated loss on these failures totals $145 million, a median of 42% of each bank's assets.

Failed banks taken over by Stonegate Bank, by closing date200020052010201520202025Integrity Bank, 2009-07-31First Commercial Bank of Tampa Bay, 2011-06-17Hillcrest Bank Florida, 2009-10-23Partners Bank, 2009-10-23
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
July 31, 2009Integrity BankJupiter, FL$105 million$36.5 million
October 23, 2009Hillcrest Bank FloridaNaples, FL$82.8 million$43.0 million
October 23, 2009Partners BankNaples, FL$65.5 million$31.8 million
June 17, 2011First Commercial Bank of Tampa BayTampa, FL$98.6 million$33.5 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.