Florida Community Bank
Immokalee, FL · Owner: Florida Community Banks Inc
$836M
total assets, December 31, 2009
$836M
total assets, December 31, 2009
Florida Community Bank was a state nonmember bank in Immokalee, FL, owned by Florida Community Banks Inc. It failed on Jan 29, 2010, and Premier American Bank, National Association took over its deposits. At its last report it held $835.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Jan 29, 2010
- Assets
- $836M
- Deposits
- $777M
- Estimated cost
- $309M
- Deposits went to
- Premier American Bank, National Association, Miami, FL
Total assets
$836M
-12.5% in a year · -4.5% in a quarter
Deposits
$777M
-8.3% in a year · -2.4% in a quarter
Loans
$553M
-11.5% in a year · -3.0% in a quarter
Profit so far
-$48.9M
Jan 1 to Dec 31, 2009
Capital ratio
0.22%
-4.66 pts in a year
Return on assets
-5.37%
+2.52 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1400 North 15th Street, Immokalee, FL, 34142
- County
- Collier
- Holding company
- Florida Community Banks Inc
- Established
- Jul 7, 1923
- Failed
- Jan 29, 2010
- Employees
- 151
- Branches
- 11
- Id
- b5672
Quarter by quarter
March 31, 1984 to December 31, 2009
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 Florida Community Bank?
$835.7 million in total assets and $776.6 million in deposits as of December 31, 2009, with assets down 12.5% from a year before. Its loans were $552.8 million.
How many branches does Florida Community Bank have?
11 branches in Florida as of June 30, 2026.
Is Florida Community Bank profitable?
No: it lost $48.9 million from January 1 to December 31, 2009. Its return on assets was -5.37% a year; about 1% is typical.
Who owns Florida Community Bank?
Florida Community Bank is owned by Florida Community Banks Inc, its holding company.
When did Florida Community Bank fail?
Jan 29, 2010. Premier American Bank, National Association of Miami, FL took over its deposits. The estimated cost of the failure was $309.0 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.