CENTRAL FLORIDA STATE BANK Failed 2012
What happened
CENTRAL FLORIDA STATE BANK of BELLEVIEW, FL was closed on 2012-01-20. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CENTERSTATE BANK OF FLORIDA, NATIONAL ASSOCIATION (WINTER HAVEN, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3985
- FDIC Certificate
- 57186
- FDIC FIN
- 10418
- Bank name
- CENTRAL FLORIDA STATE BANK
- Location
- BELLEVIEW, FL
- Failure date
- 2012-01-20
- FDIC resolution date
- 2012-01-20
- 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
- $71M
- Assets at failure
- $71M
- Acquiring bank
- CENTERSTATE BANK OF FLORIDA, NATIONAL ASSOCIATION (WINTER HAVEN, FL)
Other banks CENTERSTATE BANK OF FLORIDA, NATIONAL ASSOCIATION acquired in FDIC resolutions