BANK OF FLORIDA - TAMPA BAY Failed 2010

TAMPA BAY, FL · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

BANK OF FLORIDA - TAMPA BAY of TAMPA BAY, FL was closed 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
3811
FDIC Certificate
57814
FDIC FIN
10243
Bank name
BANK OF FLORIDA - TAMPA BAY
Location
TAMPA BAY, 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
FDIC DIF cost (est.)
$31M
Deposits at failure
$224M
Assets at failure
$241M
Acquiring bank
EVERBANK (JACKSONVILLE, FL)

Other banks EVERBANK acquired in FDIC resolutions