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Data / Bank failures / 2014 / Valley Bank

Valley Bank, Fort Lauderdale, FL: failed June 20, 2014

Valley Bank in Fort Lauderdale, Florida, failed on June 20, 2014. Landmark Bank, National Association of Fort Lauderdale, FL, took over its deposits. It held $81.8 million in assets and $66.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $5.4 million (6.6% of its assets). By assets it was the 9th largest of 18 banks closed or assisted in 2014.

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The FDIC's record

Closed
June 20, 2014
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Landmark Bank, National Association, Fort Lauderdale, FL
Total assets
$81,843,000
Total deposits
$66,541,000
Estimated cost to the FDIC
$5,438,526 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
21793

The FDIC record

Other bank failures in Florida, 2012 to 2016

BankCityClosedAssetsDepositsEstimated costAcquirer
First National Bank of CrestviewCrestviewJanuary 16, 2015$73.8 million$73.2 million$6.3 millionFirst NBC Bank
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
Heritage Bank of FloridaLutzNovember 2, 2012$225.5 million$223.3 million$73.8 millionCentennial Bank
Gulfsouth Private BankDestinOctober 19, 2012$139.4 million$131.6 million$40.3 millionSmartbank
First East Side Savings BankTamaracOctober 19, 2012$65.7 million$64.9 million$12.4 millionStearns Bank National Association

All bank failures in 2014 · All bank failures in Florida · 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.