Bank failure · FL
Premier American Bank (Miami, FL) — failed January 22, 2010
Premier American Bank of Miami, Florida was closed on January 22, 2010 and resolved through a purchase and assumption. Premier American Bank, National Association (FL) took over its insured deposits. At failure it held $299.2M in assets and $285.6M in deposits. The FDIC's estimated loss on the failure is $84.5M (28.2% of assets).
- Closing date
- January 22, 2010
- FDIC certificate #
- 57147
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Premier American Bank, National Association
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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