Old Southern Bank
Orlando, FL · Owner: Old Southern Bcorp Inc
$336M
total assets, December 31, 2009
$336M
total assets, December 31, 2009
Old Southern Bank was a state member bank in Orlando, FL, owned by Old Southern Bcorp Inc. It failed on Mar 12, 2010, and Centennial Bank took over its deposits. At its last report it held $336.4 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Mar 12, 2010
- Assets
- $336M
- Deposits
- $320M
- Estimated cost
- $76.5M
- Deposits went to
- Centennial Bank, Conway, AR
Total assets
$336M
+1.8% in a year · -12.3% in a quarter
Deposits
$320M
+8.7% in a year · -7.9% in a quarter
Loans
$275M
+8.0% in a year · -4.3% in a quarter
Profit so far
-$32.5M
Jan 1 to Dec 31, 2009
Capital ratio
0.60%
-9.39 pts in a year
Return on assets
-8.89%
-7.39 pts in a year
Facts
- Type
- State member bank
- Head office
- 250 N. Orange Ave., Orlando, FL, 32801
- County
- Orange
- Holding company
- Old Southern Bcorp Inc
- Established
- Apr 24, 2006
- Failed
- Mar 12, 2010
- Employees
- 62
- Branches
- 7
- Id
- b58182
Quarter by quarter
June 30, 2006 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 Old Southern Bank?
$336.4 million in total assets and $319.7 million in deposits as of December 31, 2009, with assets up 1.8% from a year before. Its loans were $275.1 million.
How many branches does Old Southern Bank have?
7 branches in Florida as of June 30, 2026.
Is Old Southern Bank profitable?
No: it lost $32.5 million from January 1 to December 31, 2009. Its return on assets was -8.89% a year; about 1% is typical.
Who owns Old Southern Bank?
Old Southern Bank is owned by Old Southern Bcorp Inc, its holding company.
When did Old Southern Bank fail?
Mar 12, 2010. Centennial Bank of Conway, AR took over its deposits. The estimated cost of the failure was $76.5 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.