The Federal Deposit Insurance Corp. is seeking to recover $48 million from officers and directors of a Florida bank that collapsed in 2010 following heavy defaults on commercial real estate loans.

In a suit filed April 25 in a Florida district court, the FDIC alleges that the former executives and directors of Peninsula Bank in Englewood were lax in their underwriting of high-risk CRE loans between 2005 and 2009.

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