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Data / Bank failures / NCNB NB of FL

Failed banks taken over by NCNB NB of FL: 2

NCNB NB of FL took over 2 failed banks between February 7, 1989 and February 17, 1989, holding $1.55 billion in assets and $1.39 billion in deposits. The FDIC estimates the cost to its insurance fund at $491.6 million. The largest: Freedom S & La ($1.40 billion), Southern Floridabanc Federal ($143.3 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Southern Floridabanc FederalBoca RatonFLFebruary 17, 1989$143.3 million$256.2 million$162 millionNCNB NB of FL
Freedom S & LaTampaFLFebruary 7, 1989$1.40 billion$1.13 billion$329.7 millionNCNB NB of FL

Other acquiring banks

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.