179 failures since 1934 · $17.2 billion estimated loss
Bank failures in Florida
Florida has 179 bank failures on FDIC record since 1934, 5.1% of the national total and the fourth-highest count of any state or territory. The worst year was 2010, with 29. Since 2000 there have been 76; the most recent was First City Bank of Florida on October 16, 2020. The largest by assets was BankUnited, FSB of Coral Gables, with $13.1 billion, in 2009.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| October 16, 2020 | First City Bank of Florida | Fort Walton Beach, FL | $137 million | $7.2 million |
| January 16, 2015 | First National Bank of Crestview | Crestview, FL | $73.8 million | $6.3 million |
| June 20, 2014 | Valley Bank | Fort Lauderdale, FL | $81.8 million | $5.4 million |
| October 30, 2013 | Bank of Jackson County | Graceville, FL | $24.7 million | $5.8 million |
| August 2, 2013 | First Community Bank of Southwest Florida (also operating as Community Bank of Cape Coral) | Fort Myers, FL | $247 million | $24.9 million |
| April 19, 2013 | Chipola Community Bank | Marianna, FL | $37.5 million | $7.9 million |
| April 19, 2013 | Heritage Bank of North Florida | Orange Park, FL | $104 million | $25.2 million |
| November 2, 2012 | Heritage Bank of Florida | Lutz, FL | $225 million | $73.8 million |
| October 19, 2012 | First East Side Savings Bank | Tamarac, FL | $65.7 million | $12.4 million |
| October 19, 2012 | GulfSouth Private Bank | Destin, FL | $139 million | $40.3 million |
| July 20, 2012 | The Royal Palm Bank of Florida | Naples, FL | $78.8 million | $16.8 million |
| June 15, 2012 | Putnam State Bank | Palatka, FL | $169 million | $28.8 million |
| May 4, 2012 | Security Bank, National Association | North Lauderdale, FL | $101 million | $15.1 million |
| January 27, 2012 | First Guaranty Bank and Trust Company of Jacksonville | Jacksonville, FL | $397 million | $54.4 million |
| January 20, 2012 | Central Florida State Bank | Belleview, FL | $71.5 million | $13.7 million |
| December 16, 2011 | Premier Community Bank of the Emerald Coast | Crestview, FL | $126 million | $25.1 million |
| October 21, 2011 | Old Harbor Bank | Clearwater, FL | $209 million | $26.3 million |
| September 9, 2011 | The First National Bank of Florida | Milton, FL | $297 million | $75.7 million |
| August 19, 2011 | Lydian Private Bank | Palm Beach, FL | $1.7 billion | $184 million |
| July 22, 2011 | Southshore Community Bank | Apollo Beach, FL | $41.3 million | $11.4 million |
| July 22, 2011 | LandMark Bank of Florida | Sarasota, FL | $266 million | $37.4 million |
| July 15, 2011 | First Peoples Bank | Port St. Lucie, FL | $225 million | $13.1 million |
| June 17, 2011 | First Commercial Bank of Tampa Bay | Tampa, FL | $98.6 million | $33.5 million |
| May 6, 2011 | Coastal Bank | Cocoa Beach, FL | $129 million | $18.5 million |
| April 29, 2011 | Cortez Community Bank | Brooksville, FL | $66.3 million | $17.2 million |
| April 29, 2011 | First National Bank of Central Florida | Winter Park, FL | $342 million | $42.9 million |
| February 11, 2011 | Sunshine State Community Bank | Port Orange, FL | $126 million | $32.3 million |
| January 7, 2011 | First Commercial Bank of Florida | Orlando, FL | $579 million | $88.9 million |
| December 17, 2010 | The Bank of Miami, N.A. | Coral Gables, FL | $448 million | $29.0 million |
| November 19, 2010 | Gulf State Community Bank | Carrabelle, FL | $112 million | $44.4 million |
| October 22, 2010 | First Bank of Jacksonville | Jacksonville, FL | $73.9 million | $14.3 million |
| October 22, 2010 | Progress Bank of Florida | Tampa, FL | $94.8 million | $34.6 million |
| October 1, 2010 | Wakulla Bank | Crawfordville, FL | $402 million | $120 million |
| September 24, 2010 | Haven Trust Bank Florida | Ponte Vedra Beach, FL | $149 million | $34.8 million |
| September 10, 2010 | Horizon Bank | Bradenton, FL | $188 million | $61.3 million |
| August 20, 2010 | Community National Bank at Bartow | Bartow, FL | $67.9 million | $9.2 million |
| August 20, 2010 | Independent National Bank | Ocala, FL | $156 million | $12.0 million |
| July 30, 2010 | Bayside Savings Bank | Port Saint Joe, FL | $64.3 million | $12.5 million |
| July 30, 2010 | Coastal Community Bank | Panama City Beach, FL | $377 million | $117 million |
| July 23, 2010 | Sterling Bank | Lantana, FL | $355 million | $41.8 million |
| July 16, 2010 | Olde Cypress Community Bank | Clewiston, FL | $161 million | $25.5 million |
| July 16, 2010 | Turnberry Bank | Aventura, FL | $240 million | $28.7 million |
| July 16, 2010 | Metro Bank of Dade County | Miami, FL | $399 million | $64.2 million |
| June 25, 2010 | Peninsula Bank | Englewood, FL | $630 million | $184 million |
| May 28, 2010 | Bank of Florida - Tampa | Tampa, FL | $241 million | $30.6 million |
| May 28, 2010 | Bank of Florida - Southeast | Fort Lauderdale, FL | $595 million | $60.5 million |
| May 28, 2010 | Bank of Florida - Southwest | Naples, FL | $641 million | $87.6 million |
| May 7, 2010 | The Bank of Bonifay | Bonifay, FL | $243 million | $65.9 million |
| April 16, 2010 | AmericanFirst Bank | Clermont, FL | $104 million | $16.4 million |
| April 16, 2010 | First Federal Bank of North Florida | Palatka, FL | $440 million | $12.0 million |
| April 16, 2010 | Riverside National Bank of Florida | Fort Pierce, FL | $3.4 billion | none |
| March 26, 2010 | Key West Bank | Key West, FL | $88.0 million | $16.2 million |
| March 12, 2010 | Old Southern Bank | Orlando, FL | $336 million | $76.5 million |
| March 5, 2010 | Sun American Bank | Boca Raton, FL | $536 million | $122 million |
| February 19, 2010 | Marco Community Bank | Marco Island, FL | $120 million | $25.6 million |
| January 29, 2010 | Florida Community Bank | Immokalee, FL | $836 million | $309 million |
| January 22, 2010 | Premier American Bank | Miami, FL | $299 million | $84.5 million |
| December 18, 2009 | Peoples First Community Bank | Panama City, FL | $1.8 billion | $597 million |
| December 11, 2009 | Republic Federal Bank, N.A. | Miami, FL | $433 million | $78.0 million |
| November 20, 2009 | Commerce Bank of Southwest Florida | Fort Myers, FL | $71.0 million | $32.2 million |
| November 13, 2009 | Century Bank, F.S.B. | Sarasota, FL | $756 million | $307 million |
| November 13, 2009 | Orion Bank | Naples, FL | $2.6 billion | $713 million |
| October 23, 2009 | Partners Bank | Naples, FL | $65.5 million | $31.8 million |
| October 23, 2009 | Hillcrest Bank Florida | Naples, FL | $82.8 million | $43.0 million |
| October 23, 2009 | Flagship National Bank | Bradenton, FL | $178 million | $62.1 million |
| August 7, 2009 | Community National Bank of Sarasota County | Venice, FL | $92.5 million | $25.4 million |
| August 7, 2009 | First State Bank | Sarasota, FL | $448 million | $119 million |
| July 31, 2009 | Integrity Bank | Jupiter, FL | $105 million | $36.5 million |
| May 21, 2009 | BankUnited, FSB | Coral Gables, FL | $13.1 billion | $5.2 billion |
| February 13, 2009 | Riverside Bank of the Gulf Coast | Cape Coral, FL | $524 million | $200 million |
| January 30, 2009 | Ocala National Bank | Ocala, FL | $219 million | $93.6 million |
| October 31, 2008 | Freedom Bank | Bradenton, FL | $271 million | $113 million |
| August 1, 2008 | First Priority Bank | Bradenton, FL | $259 million | $95.6 million |
| March 12, 2004 | Guaranty National Bank of Tallahassee | Tallahassee, FL | $71.3 million | none |
| March 1, 2002 | Net First National Bank | Boca Raton, FL | $37.2 million | none |
| January 11, 2002 | Hamilton Bank, N.A. | Miami, FL | $1.4 billion | $102 million |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| September 10, 1999 | Peoples National Bank of Commerce, Miami | Miami, FL | $36.8 million | $3.3 million |
| July 9, 1999 | Oceanmark Bank, A FSB | North Miami Beach, FL | $69.0 million | $1.2 million |
| March 16, 1993 | Guardian Bank | Boca Raton, FL | $75.6 million | $3.6 million |
| December 8, 1992 | Palm Beach Federal Savings Bank | Palm Beach Garden, FL | $59.4 million | $20.9 million |
| June 26, 1992 | Jacksonville Federal Savings Bank | Jacksonville, FL | $151 million | $25.3 million |
| April 10, 1992 | Security First Federal Savings and Loan Association | Daytona Beach, FL | $1.0 billion | $24.1 million |
| March 27, 1992 | Flagler Federal Savings and Loan Association | Miami, FL | $1.6 billion | $102 million |
| February 21, 1992 | National City Bank | Coral Springs, FL | $19.0 million | $2.6 million |
| February 7, 1992 | Merchant National Bank | Fort Myers, FL | $35.1 million | $5.2 million |
| February 7, 1992 | United Savings of America, FA | Melbourne, FL | $327 million | $15.4 million |
| January 31, 1992 | Security Federal Savings Bank of Florida | Panama City, FL | $107 million | $16.0 million |
| January 10, 1992 | Hansen Savings Bank | Palm Beach Garden, FL | $51.8 million | $10.9 million |
| December 20, 1991 | North Ridge Bank | Oakland Park, FL | $94.3 million | $2.9 million |
| November 26, 1991 | First National Bank of Miami | Miami, FL | $40.5 million | $6.3 million |
| October 29, 1991 | The Private Bank & Trust, National Association | Miami, FL | $4.3 million | $1.5 million |
| October 16, 1991 | Citizens Federal Savings Bank | Jacksonville, FL | $65.7 million | $8.9 million |
| October 11, 1991 | Life Savings Bank | Clearwater, FL | $108 million | $9.2 million |
| October 11, 1991 | The First, Federal Association | Orlando, FL | $1.1 billion | $148 million |
| September 19, 1991 | Southeast Bank of West Florida | Pensacola, FL | $97.3 million | none |
| September 19, 1991 | Southeast Bank, National Association | Miami, FL | $11.0 billion | none |
| September 6, 1991 | Bay Savings Bank | West Palm Beach, FL | $58.1 million | $12.7 million |
| August 9, 1991 | Southcoast Bank Corp. | West Palm Beach, FL | $26.1 million | $12.6 million |
| August 9, 1991 | Bank of South Palm Beaches | Hypoluxo, FL | $61.3 million | $31.0 million |
| August 2, 1991 | Coral Coast Savings Bank, FSB | Boynton Beach, FL | $61.2 million | $16.2 million |
| July 19, 1991 | New Metropolitan Federal Savings and Loan Association | Hialeah, FL | $18.4 million | $28.2 million |
| May 31, 1991 | Goldome Savings Bank, F.S.B. | St. Petersburg, FL | $1.5 billion | $96.9 million |
| May 24, 1991 | Florida State Bank | Holiday, FL | $87.4 million | $16.5 million |
| April 5, 1991 | First Federal Savings and Loan Association of Seminole Co | Sanford, FL | $185 million | $17.7 million |
| March 15, 1991 | Sovereign Savings Bank | Palm Harbor, FL | $38.9 million | $3.4 million |
| March 15, 1991 | Amerifirst Bank, A FSB | Miami, FL | $3.6 billion | $558 million |
| March 8, 1991 | SeaFirst Bank | Port St. Lucie, FL | $11.5 million | $1.9 million |
| March 8, 1991 | First Marine Bank of Florida | Palm City, FL | $17.2 million | $3.6 million |
| March 8, 1991 | First Citizens Federal Savings and Loan Association | Fort Pierce, FL | $200 million | $36.9 million |
| February 22, 1991 | Hollywood Federal Bank, A Federal Savings Bank | Hollywood, FL | $1.5 billion | $82.6 million |
| January 25, 1991 | Coral Savings and Loan Association | Coral Springs, FL | $32.2 million | $4.3 million |
| December 14, 1990 | First Commercial Bank of Florida | Boca Raton, FL | $172 million | $27.3 million |
| November 9, 1990 | Florida Federal Savings Bank | St. Petersburg, FL | $4.1 billion | $394 million |
| October 19, 1990 | Gold Coast Savings Bank | Plantation, FL | $152 million | $46.9 million |
| October 12, 1990 | International Savings and Loan Association | N. Miami Beach, FL | $84.2 million | $13.0 million |
| August 24, 1990 | Ambassador Savings and Loan Association | Tamarac, FL | $184 million | $52.1 million |
| July 27, 1990 | Citizens and Builders FSB | Pensacola, FL | $119 million | $31.6 million |
| July 27, 1990 | Professional Savings Bank | Coral Gables, FL | $696 million | $251 million |
| June 15, 1990 | Bank M | Miami, FL | $10.7 million | $3.9 million |
| June 1, 1990 | Great Life Savings Association | Sunrise, FL | $42.7 million | $7.5 million |
| June 1, 1990 | Investors of Florida Savings Bank | Deerfield Beach, FL | $283 million | $64.1 million |
| May 25, 1990 | American Pioneer Savings Bank | Orlando, FL | $1.6 billion | $446 million |
| May 4, 1990 | Tucker State Bank of Jacksonville | Jacksonville, FL | $41.8 million | $17.8 million |
| April 20, 1990 | Enterprise Federal Savings and Loan Association | Clearwater, FL | $62.6 million | $9.3 million |
| March 30, 1990 | Imperial Bank | Coral Gables, FL | $23.2 million | $5.1 million |
| March 22, 1990 | Miami National Bank | Miami, FL | $46.4 million | $5.3 million |
| March 2, 1990 | Haven Federal Savings and Loan Association | Winter Haven, FL | $172 million | $32.9 million |
| February 2, 1990 | Commerce Bank of Tampa | Tampa, FL | $21.6 million | $4.0 million |
| February 2, 1990 | Pioneer Savings Bank | Clearwater, FL | $1.9 billion | $217 million |
| February 2, 1990 | Centrust Bank, A State Savings Bank | Miami, FL | $8.2 billion | $672 million |
| January 26, 1990 | Creditbank | Cutler Ridge, FL | $76.4 million | $15.7 million |
| January 18, 1990 | Duval Federal Savings and Loan Association | Jacksonville, FL | $1.0 billion | $132 million |
| December 15, 1989 | First American Bank and Trust | North Palm Beach, FL | $1.4 billion | $383 million |
| December 8, 1989 | Orange State Bank | Miami, FL | $8.0 million | $925 thousand |
| November 16, 1989 | General Bank, A Federal Savings Bank | Coral Gables, FL | $356 million | $115 million |
| July 20, 1989 | Commonwealth Savings and Loan Association | Fort Lauderdale, FL | $1.6 billion | $315 million |
| April 27, 1989 | Seminole National Bank | Hollywood, FL | $6.6 million | $1.2 million |
| March 31, 1989 | Interstate Bank of Commerce | Miami, FL | $6.4 million | $1.9 million |
| March 17, 1989 | Enterprise Bank of Florida | Miami Lakes, FL | $28.0 million | $3.6 million |
| March 16, 1989 | Community Federal Savings and Loan Association | Tampa, FL | $10.3 million | $13.3 million |
| March 16, 1989 | Brickellbanc Savings Association | Miami, FL | $38.8 million | $15.3 million |
| March 16, 1989 | First Venice Savings and Loan Association | Venice, FL | $58.6 million | $1.1 million |
| March 16, 1989 | Liberty Federal Savings and Loan Association | New Port Richey, FL | $60.1 million | $35.3 million |
| March 16, 1989 | Financial Security Federal Savings and Loan Association | Delray Beach, FL | $142 million | $57.8 million |
| March 16, 1989 | Miami Savings Bank | Miami, FL | $177 million | $73.5 million |
| March 16, 1989 | First Federal Savings and Loan Association of the Florida Keys | Key West, FL | $220 million | $49.3 million |
| March 16, 1989 | Lincoln Savings and Loan Association | Miami, FL | $261 million | $67.7 million |
| March 16, 1989 | Royal Palm Savings Bank | West Palm Beach, FL | $564 million | $188 million |
| February 17, 1989 | Southern Floridabanc Federal Savings and Loan Association | Boca Raton, FL | $143 million | $162 million |
| February 17, 1989 | First Federal Savings and Loan Association | Largo, FL | $334 million | $99.3 million |
| February 7, 1989 | Freedom Savings and Loan Association, A Federal Savings and Loan Associa | Tampa, FL | $1.4 billion | $330 million |
| December 9, 1988 | Caribank | Dania, FL | $526 million | $39.0 million |
| November 10, 1988 | Cypress Savings Association | Plantation, FL | $173 million | $98.9 million |
| October 6, 1988 | Financial Security Savings and Loan Association | Delray Beach, FL | $150 million | not estimated |
| February 12, 1988 | Global Bank | Hialeah, FL | $21.7 million | $7.0 million |
| January 29, 1988 | The Trust Bank | Hialeah, FL | $165 million | $15.7 million |
| August 14, 1987 | McNulty Banking Company | St. Petersburg, FL | $56.6 million | $6.8 million |
| August 7, 1987 | Bayshore Bank of Florida | Miami, FL | $41.5 million | $6.7 million |
| July 23, 1987 | Freedom Savings and Loan Association | Tampa, FL | $1.9 billion | not estimated |
| May 15, 1987 | Liberty Savings and Loan Association | New Port Richey, FL | $98.7 million | not estimated |
| April 16, 1987 | Southern Floridabanc Savings Association | Boca Raton, FL | $219 million | not estimated |
| February 13, 1987 | The County Bank | Manatee County, FL | $187 million | $69.1 million |
| August 27, 1986 | Metropolitan Federal Savings and Loan Association | Hialeah, FL | $49.8 million | not estimated |
| May 23, 1986 | Sunshine State Bank | South Miami, FL | $109 million | $58.5 million |
| April 18, 1986 | Florida Center Bank | Orlando, FL | $78.9 million | $14.8 million |
| February 14, 1986 | Intercapital Savings Bank | Jacksonville Beach, FL | $65.2 million | $33.4 million |
| February 14, 1986 | Park Bank of Florida | St. Petersburg, FL | $592 million | $135 million |
| October 3, 1985 | Tower Bank, National Association | Hialeah Gardens, FL | $20.5 million | $2.7 million |
| July 18, 1985 | Sunrise Savings and Loan Association | Lake Worth, FL | $1.5 billion | $419 million |
| March 1, 1985 | Halifax National Bank of Port Orange | Port Orange, FL | $38.6 million | $2.5 million |
| September 20, 1984 | Century National Bank | Jacksonville, FL | $13.2 million | $2.3 million |
| March 2, 1984 | All American National Bank | Virgina Gardens, FL | $13.9 million | $3.1 million |
| February 12, 1982 | Metropolitan Bank and Trust Company | Tampa, FL | $267 million | none |
| January 11, 1980 | Bank of Lake Helen | Lake Helen, FL | $3.0 million | $88 thousand |
| May 27, 1968 | Central National Bank of Jacksonville | Jacksonville, FL | $13.4 million | not estimated |
| February 17, 1967 | Southern Bank of St. Petersburg | St. Petersburg, FL | $2.9 million | not estimated |
| January 12, 1966 | Five Points National Bank | Miami, FL | $2.7 million | not estimated |
| March 31, 1942 | Bank of Malone | Malone, FL | $149 thousand | not estimated |
| February 25, 1939 | The First National Bank in Brooksville | Brooksville, FL | not reported | not estimated |