The Bank of Bonifay

Status:Inactive as of 05/07/2010
 Absorption - Assisted
Successor Bank:First Federal Bank
Headquarters:The Bank of Bonifay
300 North Waukesha Street
Bonifay, FL 32425
Established:02/01/1906
FDIC Insurance:03/30/1934
FDIC Cert:#14246
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$242,871,000
Total Deposits:$230,190,000

History

1906-02-01Institution established: Original name:The Bank of Bonifay
2010-05-07Failed. Acquired with government financial assistance and subsequently operated as part of First Federal Bank of Florida (31313)
2011-07-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2013-04-19Acquired Chipola Community Bank (58034) in MARIANNA, FL as part of a government assisted transaction.
2013-10-30Acquired Bank of Jackson County (14794) in GRACEVILLE, FL as part of a government assisted transaction.
2018-04-02Acquired CBC NATIONAL BANK (35309) in FERNANDINA BEACH, FL
2018-06-01Changed name to First Federal Bank (31313)

Financial Information (2010-03-31 and Older)