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Review Of First Commercial Bank Of Florida And Its Closure

Sunday, January 9, 2011 - 8:38 AM
The Orlando Sentinel reviews the failure of the Orlando-based First Commercial Bank of Florida. It includes some details that the FDIC didn't mention on Friday.
Orlando's second-biggest locally based bank was closed by government regulators on Friday and its assets sold to a South Florida bank.

First Commercial Bank of Florida toppled under the weight of failing real-estate loans, shrinking capital and relentless regulatory pressures.

I have more details about the closure in my review of Friday's bank failures
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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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