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Data / Bank failures / 2015 / First National Bank of Crestview

First National Bank of Crestview, Crestview, FL: failed January 16, 2015

First National Bank of Crestview in Crestview, Florida, failed on January 16, 2015. First NBC Bank of New Orleans, LA, took over its deposits. It held $73.8 million in assets and $73.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $6.3 million (8.6% of its assets). By assets it was the 5th largest of 8 banks closed or assisted in 2015.

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The FDIC's record

Closed
January 16, 2015
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
First NBC Bank, New Orleans, LA
Total assets
$73,804,000
Total deposits
$73,199,000
Estimated cost to the FDIC
$6,329,367 (estimate as of July 31, 2026)
Charter
National bank (supervised by the OCC)
Insurance fund
DIF
FDIC certificate
17557

The FDIC record

Other bank failures in Florida, 2013 to 2017

BankCityClosedAssetsDepositsEstimated costAcquirer
Valley BankFort LauderdaleJune 20, 2014$81.8 million$66.5 million$5.4 millionLandmark Bank, National Association
Bank of Jackson CountyGracevilleOctober 30, 2013$24.7 million$24.6 million$5.8 millionFirst Federal Bank of Florida
First Community Bank of Southwest FloridaFort MyersAugust 2, 2013$247.3 million$243.6 million$24.9 millionC1 Bank
Chipola Community BankMariannaApril 19, 2013$37.5 million$37.1 million$7.9 millionFirst Federal Bank of Florida
Heritage Bank of North FloridaOrange ParkApril 19, 2013$104 million$106.3 million$25.2 millionFirstatlantic Bank

Other failed banks First NBC Bank took over

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Central Progressive BankLacombeLANovember 18, 2011$383.1 million$347.7 million$48.8 millionFirst NBC Bank

All bank failures in 2015 · All bank failures in Florida · Every failed bank First NBC Bank took over · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.