The Bank of Bonifay
Bonifay, FL · Owner: Bonifay Holding Co Inc
$243M
total assets, March 31, 2010
$243M
total assets, March 31, 2010
The Bank of Bonifay was a state nonmember bank in Bonifay, FL, owned by Bonifay Holding Co Inc. It failed on May 7, 2010, and First Federal Bank Of Florida took over its deposits. At its last report it held $242.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- May 7, 2010
- Assets
- $243M
- Deposits
- $230M
- Estimated cost
- $65.9M
- Deposits went to
- First Federal Bank Of Florida, Lake City, FL
Total assets
$243M
+2.7% in a year · -4.8% in a quarter
Deposits
$230M
+8.4% in a year · -3.2% in a quarter
Loans
$161M
-2.6% in a year · -2.4% in a quarter
Profit so far
-$4.5M
Jan 1 to Mar 31, 2010
Capital ratio
0.73%
-4.28 pts in a year
Return on assets
-7.16%
-4.56 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 300 North Waukesha Street, Bonifay, FL, 32425
- County
- Holmes
- Holding company
- Bonifay Holding Co Inc
- Established
- Feb 1, 1906
- Failed
- May 7, 2010
- Employees
- 67
- Branches
- 6
- Id
- b14246
Quarter by quarter
March 31, 1984 to March 31, 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 The Bank of Bonifay?
$242.9 million in total assets and $230.2 million in deposits as of March 31, 2010, with assets up 2.7% from a year before. Its loans were $161.1 million.
How many branches does The Bank of Bonifay have?
6 branches in Florida as of June 30, 2026.
Is The Bank of Bonifay profitable?
No: it lost $4.46 million from January 1 to March 31, 2010. Its return on assets was -7.16% a year; about 1% is typical.
Who owns The Bank of Bonifay?
The Bank of Bonifay is owned by Bonifay Holding Co Inc, its holding company.
When did The Bank of Bonifay fail?
May 7, 2010. First Federal Bank Of Florida of Lake City, FL took over its deposits. The estimated cost of the failure was $65.9 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.