Bank failure · FL

First National Bank of Crestview (Crestview, FL) — failed January 16, 2015

First National Bank of Crestview of Crestview, Florida was closed on January 16, 2015 and resolved through a purchase and assumption. First Nbc Bank (LA) took over its insured deposits. At failure it held $73.8M in assets and $73.2M in deposits. The FDIC's estimated loss on the failure is $6.3M (8.6% of assets).