Bank failure · FL

First of Mid Florida (Deland, FL) — failed July 30, 1982

First of Mid Florida of Deland, Florida was closed on July 30, 1982 and resolved through a a/a. Empire of America, Fsa (NY) took over its insured deposits. At failure it held $549.3M in assets and $486.8M in deposits. The FDIC's estimated loss on the failure is $1.8M (0.3% of assets).