Bank failure · FL

Century National Bank (Jacksonville, FL) — failed September 20, 1984

Century National Bank of Jacksonville, Florida was closed on September 20, 1984 and resolved through a purchase and assumption. Barnett Bk Jacksonville (FL) took over its insured deposits. At failure it held $13.2M in assets and $13.3M in deposits. The FDIC's estimated loss on the failure is $2.3M (17.5% of assets).