$209M
total assets, September 30, 2011
Old Harbor Bank was a state nonmember bank in Clearwater, FL. It failed on Oct 21, 2011, and 1st UNITED BANK took over its deposits. At its last report it held $209.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2011
This bank failed
- Failed on
- Oct 21, 2011
- Assets
- $209M
- Deposits
- $212M
- Estimated cost
- $26.3M
- Deposits went to
- 1st UNITED BANK, Boca Raton, FL
Total assets
$209M
-7.4% in a year · -3.2% in a quarter
Deposits
$212M
-2.6% in a year · -2.6% in a quarter
Loans
$146M
-19.0% in a year · -10.3% in a quarter
Profit so far
-$9.9M
Jan 1 to Sep 30, 2011
Capital ratio
-1.84%
-5.07 pts in a year
Return on assets
-6.08%
-3.08 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2605 Enterprise Road East, Suite 100, Clearwater, FL, 33759
- County
- Pinellas
- Established
- Jul 14, 2003
- Failed
- Oct 21, 2011
- Employees
- 42
- Branches
- 7
- Id
- b57537
Quarter by quarter
September 30, 2003 to September 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 Old Harbor Bank?
$209.0 million in total assets and $212.2 million in deposits as of September 30, 2011, with assets down 7.4% from a year before. Its loans were $145.7 million.
How many branches does Old Harbor Bank have?
7 branches in Florida as of June 30, 2026.
Is Old Harbor Bank profitable?
No: it lost $9.94 million from January 1 to September 30, 2011. Its return on assets was -6.08% a year; about 1% is typical.
When did Old Harbor Bank fail?
Oct 21, 2011. 1st UNITED BANK of Boca Raton, FL took over its deposits. The estimated cost of the failure was $26.3 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.