# THE ROYAL PALM BANK OF FLORIDA

> **Failed bank** · NAPLES, FL · failed 2012-07-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $17M

## What happened

THE ROYAL PALM BANK OF FLORIDA of NAPLES, FL was closed by regulators on **2012-07-20**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST NATIONAL BANK OF THE GULF COAST** (NAPLES, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4019
- **FDIC Certificate:** 57096
- **FDIC FIN:** 10454
- **Bank name:** THE ROYAL PALM BANK OF FLORIDA
- **Location:** NAPLES, FL
- **Failure date:** 2012-07-20
- **FDIC resolution date:** 2012-07-20
- **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:** $17M
- **Deposits at failure:** $79M
- **Assets at failure:** $79M
- **Acquiring bank:** FIRST NATIONAL BANK OF THE GULF COAST (NAPLES, FL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20ROYAL%20PALM%20BANK%20OF%20FLORIDA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE ROYAL PALM BANK OF FLORIDA (FDIC ID 4019), failed 2012-07-20. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/4019.

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