From the category archives:
Find banks in Florida with commercial, multifamily, construction, residential REO, and non-performing notes.
Florida Community Bank was the 11th FDIC-insured institution to fail in the nation this year, and the second in Florida. Florida Community Bank was closed by the State of Florida Office of Financial Regulation, and the Federal Deposit Insurance Corporation (FDIC) on Friday, January 29, 2010.
The 11 branches of Florida Community Bank reopened as branches [...]
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On Friday, January 22, 2010, Premier American Bank, Miami, FL was closed by The State of Florida Office of Financial Regulation. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All deposit accounts, excluding certain brokered deposits, have been transferred to Premier American Bank, N.A., Miami, FL, a newly chartered National Bank.
In addition to [...]
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As I’ve reported in the past the volume of construction loan and REO trouble is significantly higher than the commercial totals are today. And as most everyone knows Florida is in the thick of it. I’ve also written in past articles about the fact that it aint over.
In fact our bank data shows that there [...]
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Its no secret that Florida is one of four states that has borne the brunt of the residential real estate bust. Now as we teeter on the edge of a major commercial slide what role will Florida fill?
While we don’t have the data on the entire Floridian commercial real estate universe we do know what [...]
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The 5 Florida based banks with the most commercial REO (bank owned commercial real estate) are showing less than $100MM. The most recent bank report data suggests that Florida’s banks have been slow to pull the trigger on nonperforming commercial real estate loans.
While the 5 Florida banks with the most commercial REO are showing $75,063,000 [...]
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