Bank failure · FL
Bank of Florida - Southeast (Fort Lauderdale, FL) — failed May 28, 2010
Bank of Florida - Southeast of Fort Lauderdale, Florida was closed on May 28, 2010 and resolved through a purchase and assumption. Everbank (FL) took over its insured deposits. At failure it held $595.3M in assets and $531.8M in deposits. The FDIC's estimated loss on the failure is $60.5M (10.2% of assets).
- Closing date
- May 28, 2010
- FDIC certificate #
- 57360
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Everbank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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