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Bank failure · FL

First National Bank of Central Florida (Winter Park, FL) — failed April 29, 2011

First National Bank of Central Florida of Winter Park, Florida was closed on April 29, 2011 and resolved through a purchase and assumption. Premier American Bank, National Association (FL) took over its insured deposits. At failure it held $342.1M in assets and $308.8M in deposits. The FDIC's estimated loss on the failure is $42.9M (12.5% of assets).

Closing date
April 29, 2011
FDIC certificate #
26297
Resolution
Purchase and assumption (failure)
Acquiring institution
Premier American Bank, National Association
Insurance fund
DIF
Pre-failure filings
Last reported financials

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