Bank failure · FL

First Community Bank of Southwest Florida (Fort Myers, FL) — failed August 2, 2013

First Community Bank of Southwest Florida of Fort Myers, Florida was closed on August 2, 2013 and resolved through a purchase and assumption. C1 Bank (FL) took over its insured deposits. At failure it held $247.3M in assets and $243.6M in deposits. The FDIC's estimated loss on the failure is $24.9M (10.1% of assets).