The bank went on to acquire seven more failed Florida banks, and after its most recent acquisition of the failed
First Peoples Bank
of Port Saint Lucie, Premier American Bank NA was renamed Florida Community Bank.
Strongest Florida Banks and Thrifts
Based on fourth-quarter financial reports, only six Florida institutions were rated B (good) or above by Weiss Ratings:
Florida Bank Failures
There have been 11 bank failures in Florida so far this year, with the pace picking up recently, as there have been five bank closures in the state during the third quarter. Georgia leads all states with 19 failures in 2011. There have been seven failures in
so far this year.
There have been 73 bank failures across the nation so far during 2011, following 157 during 2010.
All bank and thrift closures since the beginning of 2008 are detailed in
interactive bank failure map:
The bank failure map is color-coded, with the states having the greatest number of failures highlighted in dark gray, and states with no failures in light green. By moving your mouse over a state you can see its combined 2008-2011 totals. Then click the state to open a detailed map pinpointing the locations and providing additional information for each bank failure.
--Written by Philip van Doorn in Jupiter, Fla.
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