$297M
total assets, June 30, 2011
The First National Bank of Florida was a national bank in Milton, FL. It failed on Sep 9, 2011, and Charterbank took over its deposits. At its last report it held $296.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2011
This bank failed
- Failed on
- Sep 9, 2011
- Assets
- $297M
- Deposits
- $280M
- Estimated cost
- $75.7M
- Deposits went to
- Charterbank, West Point, GA
Total assets
$297M
-10.6% in a year · -2.7% in a quarter
Deposits
$280M
-6.9% in a year · -2.3% in a quarter
Loans
$186M
-17.3% in a year · -2.8% in a quarter
Profit so far
-$7.1M
Jan 1 to Jun 30, 2011
Capital ratio
2.62%
-2.85 pts in a year
Return on assets
-4.66%
-1.45 pts in a year
Facts
- Type
- National bank
- Head office
- 6512 Caroline Street, S. W., Milton, FL, 32570
- County
- Santa Rosa
- Established
- Jun 1, 1984
- Failed
- Sep 9, 2011
- Employees
- 80
- Branches
- 8
- Id
- b25155
Quarter by quarter
June 30, 1984 to June 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 The First National Bank of Florida?
$296.8 million in total assets and $280.1 million in deposits as of June 30, 2011, with assets down 10.6% from a year before. Its loans were $186.0 million.
How many branches does The First National Bank of Florida have?
8 branches in Florida as of June 30, 2026.
Is The First National Bank of Florida profitable?
No: it lost $7.10 million from January 1 to June 30, 2011. Its return on assets was -4.66% a year; about 1% is typical.
When did The First National Bank of Florida fail?
Sep 9, 2011. Charterbank of West Point, GA took over its deposits. The estimated cost of the failure was $75.7 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.