LandMark Bank of Florida
Sarasota, FL · Owner: Landmark Financial Holding Co
$266M
total assets, June 30, 2011
$266M
total assets, June 30, 2011
LandMark Bank of Florida was a state member bank in Sarasota, FL, owned by Landmark Financial Holding Co. It failed on Jul 22, 2011, and American Momentum Bank took over its deposits. At its last report it held $266.5 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2011
This bank failed
- Failed on
- Jul 22, 2011
- Assets
- $266M
- Deposits
- $244M
- Estimated cost
- $37.4M
- Deposits went to
- American Momentum Bank, Tampa, FL
Total assets
$266M
-15.3% in a year · -3.1% in a quarter
Deposits
$244M
-10.3% in a year · -0.9% in a quarter
Loans
$225M
-13.4% in a year · -4.2% in a quarter
Profit so far
-$8.9M
Jan 1 to Jun 30, 2011
Capital ratio
-0.08%
-2.90 pts in a year
Return on assets
-6.47%
-2.99 pts in a year
Facts
- Type
- State member bank
- Head office
- 544 South Washington Boulevard, Sarasota, FL, 34236
- County
- Sarasota
- Holding company
- Landmark Financial Holding Co
- Established
- Feb 4, 2000
- Failed
- Jul 22, 2011
- Employees
- 53
- Branches
- 6
- Id
- b35244
Quarter by quarter
March 31, 2000 to June 30, 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 LandMark Bank of Florida?
$266.5 million in total assets and $244.4 million in deposits as of June 30, 2011, with assets down 15.3% from a year before. Its loans were $225.3 million.
How many branches does LandMark Bank of Florida have?
6 branches in Florida as of June 30, 2026.
Is LandMark Bank of Florida profitable?
No: it lost $8.95 million from January 1 to June 30, 2011. Its return on assets was -6.47% a year; about 1% is typical.
Who owns LandMark Bank of Florida?
LandMark Bank of Florida is owned by Landmark Financial Holding Co, its holding company.
When did LandMark Bank of Florida fail?
Jul 22, 2011. American Momentum Bank of Tampa, FL took over its deposits. The estimated cost of the failure was $37.4 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.