Bank failure Friday
It was a slow night. One small bank failed.
- Failed bank: Commerce Bank of SW FL, Fort Myers FL
- Acquiring bank: Central Bank, Stillwater MN
- Vitals: at 8/28, assets of $79.7m, deposits of $76.7m
- DIF damage: $23.6m
Central has been busy. They also acquired the assets of Riverview Community Bank and Jennings State Bank in October, as well as Mainstreet Bank in August.
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