Bank failure · FL
Community National Bank at Bartow (Bartow, FL) — failed August 20, 2010
Community National Bank at Bartow of Bartow, Florida was closed on August 20, 2010 and resolved through a purchase and assumption. Centerstate Bank of Florida, National Association (FL) took over its insured deposits. At failure it held $67.9M in assets and $63.7M in deposits. The FDIC's estimated loss on the failure is $9.2M (13.5% of assets).
- Closing date
- August 20, 2010
- FDIC certificate #
- 25266
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Centerstate Bank of Florida, National Association
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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