$87.4M
total assets, March 31, 1991
Florida State Bank was a state nonmember bank in Holiday, FL. It failed on May 24, 1991, and Orange Bank took over its deposits. At its last report it held $87.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 24, 1991
- Assets
- $87.4M
- Deposits
- $81.6M
- Estimated cost
- $16.5M
- Deposits went to
- Orange Bank, Ocoee, FL
Total assets
$87.4M
-19.8% in a year · -7.1% in a quarter
Deposits
$81.6M
-13.7% in a year · -2.0% in a quarter
Loans
$51.9M
-18.5% in a year · -10.1% in a quarter
Profit so far
$13K
Jan 1 to Mar 31, 1991
Capital ratio
-0.56%
-2.07 pts in a year
Return on assets
0.06%
+0.79 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2338 U.S. Highway 19, Holiday, FL, 34691
- County
- Pasco
- Established
- Jul 19, 1972
- Failed
- May 24, 1991
- Employees
- 58
- Id
- b20753
Quarter by quarter
March 31, 1984 to March 31, 1991
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 State Bank?
$87.4 million in total assets and $81.6 million in deposits as of March 31, 1991, with assets down 19.8% from a year before. Its loans were $51.9 million.
Is Florida State Bank profitable?
Yes: it earned $13,000 from January 1 to March 31, 1991. Its return on assets was 0.06% a year; about 1% is typical.
When did Florida State Bank fail?
May 24, 1991. Orange Bank of Ocoee, FL took over its deposits. The estimated cost of the failure was $16.5 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.