Florida’s Weakest Banks as of 9/16/2009

Detective Krum

Many people have asked us, what banks appear safe?  Even with regulations ( remember Bernie Madoff? ) anyone can cook their books.  We have decided to  attempt to  print a list of each state’s bank conditions. We are not banking experts and do not give banking advice, we only point out information to our readers regarding public record information. Use our information for your education in banking.

Florida appears to have ( 40 ) banks considered in a very weak condition. The “SELL” comment is what investors are suggesting to their clients regarding holdings in the named bank.  The grade (E ) is based on the grading (A) being the highest and best score for a bank and (E) being the lowest and worse score for a bank. The list is here:

	AmericanFirst Bank	E
	Bank of Bonifay	SELL	E-
	Bank of Commerce	SELL	E
	Bank of Florida	SELL	E+
	Bank of Florida	SELL	E+
	Bank of Miami	SELL	E
	CenterBank of Jacksonville N	SELL	E
	Century Bank	SELL	E-
	Coastal Bank	SELL	E+
	Coastal Community Bank	SELL	E+
	Commerce Bank	SELL	E-
	Federal Trust Bank	SELL	E-
	First Bank	SELL	E-
	First City Bank	SELL	E-
	First Federal Bank	SELL	E+
	Flagship National Bank	SELL	E-
	Florida Capital Bank	SELL	E+
	Florida Community Bank	SELL	E-
	Hillcrest Bank	SELL	E-
	Key West Bank	SELL	E
	Liberty Bank	SELL	E+
	Manatee River Community Bank	SELL	E
	Ocean Bank	SELL	E
	Old Harbor Bank	SELL	E+
	Old Southern Bank	SELL	E+
	Olde Cypress Community Bank	SELL	E-
	Orion Bank	SELL	E-
	Partners Bank	SELL	E-
	Peninsula Bank	SELL	E+
	Peoples First Community	SELL	E
	Pilot Bank	SELL	E
	Premier American Bank	SELL	E-
	Prosperity Bank	SELL	E-
	Putnam State Bank	SELL	E+
	Republic Federal Bank	SELL	E-
	Riverside Bank	SELL	E+
	Riverside National	SELL	E-
	Southern Commerce Bank	SELL	E+
	Sun American Bank	SELL	E-
	Valley Bank	SELL	E+