Data / Bank failures / 1ST United Bank
Failed banks taken over by 1ST United Bank: 5
1ST United Bank took over 5 failed banks between March 8, 1991 and October 21, 2011, holding $1.17 billion in assets and $1.02 billion in deposits. The FDIC estimates the cost to its insurance fund at $167.8 million. The largest: The Bank of Miami ($448.2 million), Republic Federal Bank, N.A. ($433 million), Old Harbor Bank ($209 million).
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Every bank it took over, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Old Harbor Bank | Clearwater | FL | October 21, 2011 | $209 million | $212.2 million | $26.3 million | 1ST United Bank |
| The Bank of Miami | Coral Gables | FL | December 17, 2010 | $448.2 million | $374.2 million | $29 million | 1ST United Bank |
| Republic Federal Bank, N.A. | Miami | FL | December 11, 2009 | $433 million | $352.7 million | $78 million | 1ST United Bank |
| Bank of South Palm Beaches | Hypoluxo | FL | August 9, 1991 | $61.3 million | $63.5 million | $31 million | 1ST United Bank |
| First Marine Bank of Florida | Palm City | FL | March 8, 1991 | $17.2 million | $16.8 million | $3.6 million | 1ST United Bank |
Other acquiring banks
- NCNB Texas National Bank 66
- Texas American Bridge Bank 24
- Bank One, Texas, N.A. 20
- First State Bank 18
- Kilgore FS&LA 16
- The First National Bank of 16
- Consolidated S&LA 15
- Hibernia National Bank in T 15
- Citizens Bank 12
- State Bank and Trust Company 12
- Deposit Guaranty Bank 11
- First Bank 11
- Olney S&LA 11
- U.S. Bank, NA 11
- American Federal Bank FSB 10
- Ameris Bank 10
- Central Bank 9
- First-Citizens Bank & Trust Company 9
- Home Sa of America 9
- Citizens State Bank 8
- Community & Southern Bank 8
- First American Bank 8
- Bank of the Ozarks 7
- Centennial Bank 7
- Channelview Bank 7
- Hibernia National Bank 7
- Pacific Southwest SB FSB 7
- Premier American Bank, National Association 7
- Texas Commerce Bank NA 7
- Bank One, Texas, National A 6
- Comerica Bank-Texas 6
- First FSB 6
- First National Bank 6
- Horizon FS&LA 6
- Household Bank FSB 6
- Republic Bank of Chicago 6
- Sunbelt Savings FSB 6
- American National Bank 5
- Anchor Savings Bank FSB 5
- Centerstate Bank of Florida, National Association 5
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.