Data / Bank failures / Premier American Bank, National Association
Failed banks taken over by Premier American Bank, National Association: 7
Premier American Bank, National Association took over 7 failed banks between January 22, 2010 and July 15, 2011, holding $2.02 billion in assets and $1.88 billion in deposits. The FDIC estimates the cost to its insurance fund at $517.5 million. The largest: Florida Community Bank ($835.7 million), First National Bank of Central Florida ($342.1 million), Premier American Bank ($299.2 million).
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Every bank it took over, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| First Peoples Bank | Port Saint Lucie | FL | July 15, 2011 | $225 million | $207.6 million | $13.1 million | Premier American Bank, National Association |
| Coastal Bank | Cocoa Beach | FL | May 6, 2011 | $129.4 million | $124 million | $18.5 million | Premier American Bank, National Association |
| Cortez Community Bank | Brooksville | FL | April 29, 2011 | $66.3 million | $65.4 million | $17.2 million | Premier American Bank, National Association |
| First National Bank of Central Florida | Winter Park | FL | April 29, 2011 | $342.1 million | $308.8 million | $42.9 million | Premier American Bank, National Association |
| Sunshine State Community Bank | Port Orange | FL | February 11, 2011 | $125.5 million | $116.7 million | $32.3 million | Premier American Bank, National Association |
| Florida Community Bank | Immokalee | FL | January 29, 2010 | $835.7 million | $776.6 million | $309 million | Premier American Bank, National Association |
| Premier American Bank | Miami | FL | January 22, 2010 | $299.2 million | $285.6 million | $84.5 million | Premier American Bank, National Association |
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
- 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
- 1ST United Bank 5
- 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.