# FLORIDA STATE BANK

> **Failed bank** · HOLIDAY, FL · failed 1991-05-24 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $16M

## What happened

FLORIDA STATE BANK of HOLIDAY, FL was closed by regulators on **1991-05-24**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **ORANGE BANK** (OCOEE, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3111
- **FDIC Certificate:** 20753
- **FDIC FIN:** 4360
- **Bank name:** FLORIDA STATE BANK
- **Location:** HOLIDAY, FL
- **Failure date:** 1991-05-24
- **FDIC resolution date:** 1991-05-24
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $16M
- **Deposits at failure:** $82M
- **Assets at failure:** $87M
- **Acquiring bank:** ORANGE BANK (OCOEE, FL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FLORIDA%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FLORIDA STATE BANK (FDIC ID 3111), failed 1991-05-24. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3111.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*