$11.5M
total assets, December 31, 1990
SeaFirst Bank was a state member bank in Port St. Lucie, FL. It failed on Mar 8, 1991, and Riverside National Bank Of took over its deposits. At its last report it held $11.5 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Mar 8, 1991
- Assets
- $11.5M
- Deposits
- $11.9M
- Estimated cost
- $1.9M
- Deposits went to
- Riverside National Bank Of, Fort Pierce, FL
Total assets
$11.5M
+5.7% in a year · -15.6% in a quarter
Deposits
$11.9M
+19.0% in a year · -8.9% in a quarter
Loans
$7.4M
-0.5% in a year · -11.5% in a quarter
Profit so far
-$1.3M
Jan 1 to Dec 31, 1990
Capital ratio
-3.82%
-11.59 pts in a year
Return on assets
-11.30%
-5.55 pts in a year
Facts
- Type
- State member bank
- Head office
- 10000 South U.S. Highway 1, Port St. Lucie, FL, 33485
- County
- St. Lucie
- Established
- May 21, 1984
- Failed
- Mar 8, 1991
- Employees
- 11
- Id
- b25145
Quarter by quarter
June 30, 1984 to December 31, 1990
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 SeaFirst Bank?
$11.5 million in total assets and $11.9 million in deposits as of December 31, 1990, with assets up 5.7% from a year before. Its loans were $7.43 million.
Is SeaFirst Bank profitable?
No: it lost $1.34 million from January 1 to December 31, 1990. Its return on assets was -11.30% a year; about 1% is typical.
When did SeaFirst Bank fail?
Mar 8, 1991. Riverside National Bank Of of Fort Pierce, FL took over its deposits. The estimated cost of the failure was $1.90 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.