# BANK OF FLORIDA - SOUTHWEST

> **Failed bank** · NAPLES, FL · failed 2010-05-28 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $88M

## What happened

BANK OF FLORIDA - SOUTHWEST of NAPLES, FL was closed by regulators on **2010-05-28**. The FDIC was named receiver.

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

Deposits were transferred to **EVERBANK** (JACKSONVILLE, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3808
- **FDIC Certificate:** 35106
- **FDIC FIN:** 10242
- **Bank name:** BANK OF FLORIDA - SOUTHWEST
- **Location:** NAPLES, FL
- **Failure date:** 2010-05-28
- **FDIC resolution date:** 2010-05-28
- **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:** $88M
- **Deposits at failure:** $560M
- **Assets at failure:** $641M
- **Acquiring bank:** EVERBANK (JACKSONVILLE, FL)

## Other banks EVERBANK has acquired in FDIC resolutions

- BANK OF FLORIDA - TAMPA BAY (TAMPA BAY, FL) — failed 2010-05-28 — /failed-bank/3811
- BANK OF FLORIDA - SOUTHEAST (FORT LAUDERDALE, FL) — failed 2010-05-28 — /failed-bank/3810

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF FLORIDA - SOUTHWEST (FDIC ID 3808), failed 2010-05-28. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/3808.

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