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