Bank failure · FL

First Commercial Bank of Tampa Bay (Tampa, FL) — failed June 17, 2011

First Commercial Bank of Tampa Bay of Tampa, Florida was closed on June 17, 2011 and resolved through a purchase and assumption. Stonegate Bank (FL) took over its insured deposits. At failure it held $98.6M in assets and $92.6M in deposits. The FDIC's estimated loss on the failure is $33.5M (33.9% of assets).