FIRST BANK OF JACKSONVILLE Failed 2010
What happened
FIRST BANK OF JACKSONVILLE of JACKSONVILLE, FL was closed on 2010-10-22. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to AMERIS BANK (MOULTRIE, GA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3869
- FDIC Certificate
- 27573
- FDIC FIN
- 10300
- Bank name
- FIRST BANK OF JACKSONVILLE
- Location
- JACKSONVILLE, FL
- Failure date
- 2010-10-22
- FDIC resolution date
- 2010-10-22
- 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.)
- $14M
- Deposits at failure
- $72M
- Assets at failure
- $74M
- Acquiring bank
- AMERIS BANK (MOULTRIE, GA)
Other banks AMERIS BANK acquired in FDIC resolutions