Bank failure · FL
Bayside Savings Bank (Port Saint Joe, FL) — failed July 30, 2010
Bayside Savings Bank of Port Saint Joe, Florida was closed on July 30, 2010 and resolved through a purchase and assumption. Centennial Bank (AR) took over its insured deposits. At failure it held $64.3M in assets and $52.7M in deposits. The FDIC's estimated loss on the failure is $12.5M (19.4% of assets).
- Closing date
- July 30, 2010
- FDIC certificate #
- 57669
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Centennial Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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