# FIRST GUARANTY BANK AND TRUST COMPANY OF JACKSONVILLE

> **Failed bank** · JACKSONVILLE, FL · failed 2012-01-27 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $54M

## What happened

FIRST GUARANTY BANK AND TRUST COMPANY OF JACKSONVILLE of JACKSONVILLE, FL was closed by regulators on **2012-01-27**. 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:** 3986
- **FDIC Certificate:** 16579
- **FDIC FIN:** 10421
- **Bank name:** FIRST GUARANTY BANK AND TRUST COMPANY OF JACKSONVILLE
- **Location:** JACKSONVILLE, FL
- **Failure date:** 2012-01-27
- **FDIC resolution date:** 2012-01-27
- **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:** $54M
- **Deposits at failure:** $378M
- **Assets at failure:** $397M
- **Acquiring bank:** CENTERSTATE BANK OF FLORIDA, NATIONAL ASSOCIATION (WINTER HAVEN, FL)

## Other banks CENTERSTATE BANK OF FLORIDA, NATIONAL ASSOCIATION has acquired in FDIC resolutions

- CENTRAL FLORIDA STATE BANK (BELLEVIEW, FL) — failed 2012-01-20 — /failed-bank/3985
- INDEPENDENT NATIONAL BANK (OCALA, FL) — failed 2010-08-20 — /failed-bank/3848
- COMMUNITY NATIONAL BANK AT BARTOW (BARTOW, FL) — failed 2010-08-20 — /failed-bank/3845
- OLDE CYPRESS COMMUNITY BANK (CLEWISTON, FL) — failed 2010-07-16 — /failed-bank/3826

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20GUARANTY%20BANK%20AND%20TRUST%20COMPANY%20OF%20JACKSONVILLE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST GUARANTY BANK AND TRUST COMPANY OF JACKSONVILLE (FDIC ID 3986), failed 2012-01-27. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3986.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*