$161M
total assets, June 30, 2010
Olde Cypress Community Bank was a savings bank in Clewiston, FL. It failed on Jul 16, 2010, and Centerstate Bank Of Florida, National Association took over its deposits. At its last report it held $161.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 16, 2010
- Assets
- $161M
- Deposits
- $158M
- Estimated cost
- $25.5M
- Deposits went to
- Centerstate Bank Of Florida, National Association, Winter Haven, FL
Total assets
$161M
-8.5% in a year · -4.3% in a quarter
Deposits
$158M
-3.7% in a year · -2.7% in a quarter
Loans
$121M
-12.9% in a year · -5.6% in a quarter
Profit so far
-$4.1M
Jan 1 to Jun 30, 2010
Capital ratio
1.71%
-4.75 pts in a year
Return on assets
-4.90%
-2.79 pts in a year
Facts
- Type
- Savings bank
- Head office
- 205 South W C Owen, Clewiston, FL, 33440
- County
- Hendry
- Established
- Jan 1, 1927
- Failed
- Jul 16, 2010
- Employees
- 41
- Branches
- 4
- Id
- b28864
Quarter by quarter
March 31, 1984 to June 30, 2010
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 Olde Cypress Community Bank?
$161.4 million in total assets and $158.0 million in deposits as of June 30, 2010, with assets down 8.5% from a year before. Its loans were $121.3 million.
How many branches does Olde Cypress Community Bank have?
4 branches in Florida as of June 30, 2026.
Is Olde Cypress Community Bank profitable?
No: it lost $4.08 million from January 1 to June 30, 2010. Its return on assets was -4.90% a year; about 1% is typical.
When did Olde Cypress Community Bank fail?
Jul 16, 2010. Centerstate Bank Of Florida, National Association of Winter Haven, FL took over its deposits. The estimated cost of the failure was $25.5 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.