Bank failure · FL
Heritage Bank of Florida (Lutz, FL) — failed November 2, 2012
Heritage Bank of Florida of Lutz, Florida was closed on November 2, 2012 and resolved through a purchase and assumption. Centennial Bank (AR) took over its insured deposits. At failure it held $225.5M in assets and $223.3M in deposits. The FDIC's estimated loss on the failure is $73.8M (32.7% of assets).
- Closing date
- November 2, 2012
- FDIC certificate #
- 35009
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Centennial Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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