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Bank failure · FL

Intercapital S&la (Jacksonville Beach, FL) — failed February 14, 1986

Intercapital S&la of Jacksonville Beach, Florida was closed on February 14, 1986 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $65.2M in assets and $70.8M in deposits. The FDIC's estimated loss on the failure is $33.4M (51.2% of assets).

Closing date
February 14, 1986
FDIC certificate #
32215
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

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