Bank failure · FL
Independent National Bank (Ocala, FL) — failed August 20, 2010
Independent National Bank of Ocala, Florida was closed on August 20, 2010 and resolved through a purchase and assumption. Centerstate Bank of Florida, National Association (FL) took over its insured deposits. At failure it held $156.2M in assets and $141.9M in deposits. The FDIC's estimated loss on the failure is $12.0M (7.7% of assets).
- Closing date
- August 20, 2010
- FDIC certificate #
- 27344
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Centerstate Bank of Florida, National Association
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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