First Commercial Bank of Florida
Boca Raton, FL · Owner: First Commercial Bcorp
$172M
total assets, September 30, 1990
$172M
total assets, September 30, 1990
First Commercial Bank of Florida was a state nonmember bank in Boca Raton, FL, owned by First Commercial Bcorp. It failed on Dec 14, 1990, and Bank Of North America took over its deposits. At its last report it held $171.6 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Dec 14, 1990
- Assets
- $172M
- Deposits
- $164M
- Estimated cost
- $27.3M
- Deposits went to
- Bank Of North America, Miami, FL
Total assets
$172M
+31.4% in a year · +2.2% in a quarter
Deposits
$164M
+36.4% in a year · +4.6% in a quarter
Loans
$123M
+25.1% in a year · -5.2% in a quarter
Profit so far
-$4.3M
Jan 1 to Sep 30, 1990 · -764.4% in a year
Capital ratio
2.35%
-3.74 pts in a year
Return on assets
-3.54%
-4.33 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1515 North Federal Highway, Boca Raton, FL, 33432
- County
- Palm Beach
- Holding company
- First Commercial Bcorp
- Established
- May 7, 1984
- Failed
- Dec 14, 1990
- Employees
- 66
- Id
- b25125
Quarter by quarter
June 30, 1984 to September 30, 1990
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 First Commercial Bank of Florida?
$171.6 million in total assets and $164.1 million in deposits as of September 30, 1990, with assets up 31.4% from a year before. Its loans were $122.8 million.
Is First Commercial Bank of Florida profitable?
No: it lost $4.26 million from January 1 to September 30, 1990. Its return on assets was -3.54% a year; about 1% is typical.
Who owns First Commercial Bank of Florida?
First Commercial Bank of Florida is owned by First Commercial Bcorp, its holding company.
When did First Commercial Bank of Florida fail?
Dec 14, 1990. Bank Of North America of Miami, FL took over its deposits. The estimated cost of the failure was $27.3 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.