Bank failures, especially in Florida, seemed like a daily occurrence during the recession. A few smaller surviving financial institutions attribute several factors to their endurance.

The number of banks seized by the Federal Deposit Insurance Corp. from 2007 until 2012 amounted to 450. More than 70 mostly small community banks were closed in the Sunshine State.

In the 15 years leading up to the Dodd Frank Wall Street Reform and Consumer Protection Act, an average of 130 banks were started a year. Just 15 FDIC bank applications have been approved since 2011.

Source: Mortgage Daily