First Community Bank of the Southwest Fort Meyers Florida

Banking where no shoes are requried is the motto?

Robert Guenzel, he does banking with no brains required

First Community Bank of the Southwest Fort Meyers Florida was founded in 1999.  The company is on the problem bank list, sounds like they made some unwise commercial real estate loans.  The Texas ratio is 186%.

Hire this guy he is good with kids?

Assets are $335MM and equity is $14MM.

The problem loan portfolio is $33MM.

Do you think this place is bankrupt?

A bank in Florida that is bankrupt and not shut down, shocking.

Robert Guenzel is the CEO.

Not only is this guy good at making bad loans, he can also lose money.

Net income was ($5MM) in FY10 and ($11MM) in FY09.

Their motto is “banking where no shoes are required”.

How about “banking where no brains are required”.

Do you have money in this thing?

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