Bank failure · FL
Marco Community Bank (Marco Island, FL) — failed February 19, 2010
Marco Community Bank of Marco Island, Florida was closed on February 19, 2010 and resolved through a purchase and assumption. Mutual of Omaha Bank (NB) took over its insured deposits. At failure it held $119.6M in assets and $117.1M in deposits. The FDIC's estimated loss on the failure is $25.6M (21.4% of assets).
- Closing date
- February 19, 2010
- FDIC certificate #
- 57586
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Mutual of Omaha Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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