PENINSULA BANK Failed 2010

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

What happened

PENINSULA BANK of ENGLEWOOD, FL was closed on 2010-06-25. The FDIC was named receiver.

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

Deposits were transferred to PREMIER AMERICAN BANK (MIAMI, FL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3817
FDIC Certificate
26563
FDIC FIN
10253
Bank name
PENINSULA BANK
Location
ENGLEWOOD, FL
Failure date
2010-06-25
FDIC resolution date
2010-06-25
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.)
$184M
Deposits at failure
$580M
Assets at failure
$630M
Acquiring bank
PREMIER AMERICAN BANK (MIAMI, FL)