First Guaranty Bank and Trust Company of Jacksonville
Jacksonville, FL
$397M
total assets, December 31, 2011
$397M
total assets, December 31, 2011
First Guaranty Bank and Trust Company of Jacksonville was a state nonmember bank in Jacksonville, FL. It failed on Jan 27, 2012, and Centerstate Bank Of Florida, National Association took over its deposits. At its last report it held $397.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2011
This bank failed
- Failed on
- Jan 27, 2012
- Assets
- $397M
- Deposits
- $378M
- Estimated cost
- $54.4M
- Deposits went to
- Centerstate Bank Of Florida, National Association, Winter Haven, FL
Total assets
$397M
-9.8% in a year · +5.1% in a quarter
Deposits
$378M
-6.8% in a year · +8.2% in a quarter
Loans
$273M
-14.7% in a year · -1.3% in a quarter
Profit so far
-$10.0M
Jan 1 to Dec 31, 2011
Capital ratio
0.60%
-2.23 pts in a year
Return on assets
-2.47%
+1.04 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1234 King Street, Jacksonville, FL, 32203
- County
- Duval
- Established
- May 29, 1947
- Failed
- Jan 27, 2012
- Employees
- 80
- Branches
- 8
- Id
- b16579
Quarter by quarter
March 31, 1984 to December 31, 2011
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 Guaranty Bank and Trust Company of Jacksonville?
$397.1 million in total assets and $378.3 million in deposits as of December 31, 2011, with assets down 9.8% from a year before. Its loans were $273.1 million.
How many branches does First Guaranty Bank and Trust Company of Jacksonville have?
8 branches in Florida as of June 30, 2026.
Is First Guaranty Bank and Trust Company of Jacksonville profitable?
No: it lost $9.98 million from January 1 to December 31, 2011. Its return on assets was -2.47% a year; about 1% is typical.
When did First Guaranty Bank and Trust Company of Jacksonville fail?
Jan 27, 2012. Centerstate Bank Of Florida, National Association of Winter Haven, FL took over its deposits. The estimated cost of the failure was $54.4 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.