First Commercial Bank of Florida
Orlando, FL · Owner: FCB Florida Bcorp Inc
$579M
total assets, December 31, 2010
$579M
total assets, December 31, 2010
First Commercial Bank of Florida was a state member bank in Orlando, FL, owned by FCB Florida Bcorp Inc. It failed on Jan 7, 2011, and First Southern Bank took over its deposits. At its last report it held $578.6 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2010
This bank failed
- Failed on
- Jan 7, 2011
- Assets
- $579M
- Deposits
- $537M
- Estimated cost
- $88.9M
- Deposits went to
- First Southern Bank, Boca Raton, FL
Total assets
$579M
-13.5% in a year · -3.3% in a quarter
Deposits
$537M
-5.2% in a year · +1.4% in a quarter
Loans
$462M
-12.0% in a year · -1.5% in a quarter
Profit so far
-$53.1M
Jan 1 to Dec 31, 2010
Capital ratio
-2.22%
-8.12 pts in a year
Return on assets
-8.38%
-6.44 pts in a year
Facts
- Type
- State member bank
- Head office
- 945 South Orange Avenue, Orlando, FL, 32806
- County
- Orange
- Holding company
- FCB Florida Bcorp Inc
- Established
- Apr 21, 1999
- Failed
- Jan 7, 2011
- Employees
- 85
- Branches
- 9
- Id
- b34965
Quarter by quarter
June 30, 1999 to December 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 First Commercial Bank of Florida?
$578.6 million in total assets and $537.2 million in deposits as of December 31, 2010, with assets down 13.5% from a year before. Its loans were $462.1 million.
How many branches does First Commercial Bank of Florida have?
9 branches in Florida as of June 30, 2026.
Is First Commercial Bank of Florida profitable?
No: it lost $53.1 million from January 1 to December 31, 2010. Its return on assets was -8.38% a year; about 1% is typical.
Who owns First Commercial Bank of Florida?
First Commercial Bank of Florida is owned by FCB Florida Bcorp Inc, its holding company.
When did First Commercial Bank of Florida fail?
Jan 7, 2011. First Southern Bank of Boca Raton, FL took over its deposits. The estimated cost of the failure was $88.9 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.