Bank failure · FL

First Bank of Jacksonville (Jacksonville, FL) — failed October 22, 2010

First Bank of Jacksonville of Jacksonville, Florida was closed on October 22, 2010 and resolved through a purchase and assumption. Ameris Bank (GA) took over its insured deposits. At failure it held $73.9M in assets and $72.2M in deposits. The FDIC's estimated loss on the failure is $14.3M (19.3% of assets).