Bank of Florida - Southeast
Fort Lauderdale, FL · Owner: Bank of Florida Corp
$595M
total assets, March 31, 2010
$595M
total assets, March 31, 2010
Bank of Florida - Southeast was a state nonmember bank in Fort Lauderdale, FL, owned by Bank of Florida Corp. It failed on May 28, 2010, and Everbank took over its deposits. At its last report it held $595.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- May 28, 2010
- Assets
- $595M
- Deposits
- $532M
- Estimated cost
- $60.5M
- Deposits went to
- Everbank, Jacksonville, FL
Total assets
$595M
+10.7% in a year · +11.1% in a quarter
Deposits
$532M
+25.5% in a year · +18.5% in a quarter
Loans
$420M
-5.3% in a year · -3.5% in a quarter
Profit so far
-$13.4M
Jan 1 to Mar 31, 2010
Capital ratio
1.19%
-5.23 pts in a year
Return on assets
-9.51%
-8.35 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 200 Sw First Avenue, Fort Lauderdale, FL, 33301
- County
- Broward
- Holding company
- Bank of Florida Corp
- Established
- Jul 16, 2002
- Failed
- May 28, 2010
- Employees
- 47
- Branches
- 6
- Id
- b57360
Quarter by quarter
September 30, 2002 to March 31, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Bank of Florida - Southeast?
$595.3 million in total assets and $531.8 million in deposits as of March 31, 2010, with assets up 10.7% from a year before. Its loans were $420.1 million.
How many branches does Bank of Florida - Southeast have?
6 branches in Florida as of June 30, 2026.
Is Bank of Florida - Southeast profitable?
No: it lost $13.4 million from January 1 to March 31, 2010. Its return on assets was -9.51% a year; about 1% is typical.
Who owns Bank of Florida - Southeast?
Bank of Florida - Southeast is owned by Bank of Florida Corp, its holding company.
When did Bank of Florida - Southeast fail?
May 28, 2010. Everbank of Jacksonville, FL took over its deposits. The estimated cost of the failure was $60.5 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.