Data / Bank failures / 2002 / Net First National Bank
Net First National Bank, Boca Raton, FL: failed March 1, 2002
Net First National Bank in Boca Raton, Florida, failed on March 1, 2002. Bank Leumi of New York, NY, took over its deposits. It held $37.2 million in assets and $31.6 million in deposits at its last report. By assets it was the 8th largest of 11 banks closed or assisted in 2002.
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.
The FDIC's record
- Closed
- March 1, 2002
- Type
- Failure
- How it was resolved
- Purchase and assumption of the insured deposits only
- Acquirer
- Bank Leumi, New York, NY
- Total assets
- $37,207,000
- Total deposits
- $31,601,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 26652
Other bank failures in Florida, 2000 to 2004
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Guaranty National Bank | Tallahassee | March 12, 2004 | $71.3 million | $65.6 million | Hancock Bank | |
| Hamilton Bank, National Association | Miami | January 11, 2002 | $1.41 billion | $1.30 billion | $101.7 million | Israel Discount Bank of New |
All bank failures in 2002 · All bank failures in Florida · The full failed bank list
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.