Bank failure · FL

National City Bank (Coral Springs, FL) — failed February 21, 1992

National City Bank of Coral Springs, Florida was closed on February 21, 1992 and resolved through a insured deposit transfer. Intercontinental Bank (FL) took over its insured deposits. At failure it held $19.0M in assets and $18.6M in deposits. The FDIC's estimated loss on the failure is $2.6M (13.8% of assets).