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Bank failure · FL

Partners Bank (Naples, FL) — failed October 23, 2009

Partners Bank of Naples, Florida was closed on October 23, 2009 and resolved through a purchase and assumption. Stonegate Bank (FL) took over its insured deposits. At failure it held $65.5M in assets and $64.8M in deposits. The FDIC's estimated loss on the failure is $31.8M (48.6% of assets).

Closing date
October 23, 2009
FDIC certificate #
57959
Resolution
Purchase and assumption (failure)
Acquiring institution
Stonegate Bank
Insurance fund
DIF
Pre-failure filings
Last reported financials

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