Data / Bank failures / 1982 / First of Mid Florida
First of Mid Florida, Deland, FL: received FDIC assistance July 30, 1982
First of Mid Florida in Deland, Florida, received open bank assistance from the FDIC on July 30, 1982. It held $549.3 million in assets and $486.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.8 million (0.3% of its assets). By assets it was the 21st largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- July 30, 1982
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Empire of America, Fsa, Buffalo, NY
- Total assets
- $549,297,709
- Total deposits
- $486,774,459
- Estimated cost to the FDIC
- $1,828,572 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 29308
Other bank failures in Florida, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Century National Bank | Jacksonville | September 20, 1984 | $13.2 million | $13.3 million | $2.3 million | Barnett BK Jacksonville |
| All American National Bank | Virgina Gardens | March 2, 1984 | $13.9 million | $12 million | $3.1 million | Capital Bank |
| Community FS&LA (assistance) | Hialeah | August 31, 1983 | $123.1 million | $101.8 million | $1.2 million | Ensign Bank FSB |
| First Florida S&LA (assistance) | Gainesville | August 5, 1983 | $80.8 million | $70.5 million | $7.7 million | Metropolitan SB |
| Biscayne FS&LA (assistance) | Miami | April 6, 1983 | $1.89 billion | $1.73 billion | $389,000 | Citicorp Savings of Florida |
| 1ST of Delray Beach S&LA (assistance) | Delray Beach | October 1, 1982 | $843 million | $675.2 million | Carteret Savings Bank FA | |
| Metropolitan BK & TR Company | Tampa | February 12, 1982 | $267.4 million | $210.2 million | Great American Bank of T | |
| United FS&LA of Broward County (assistance) | Fort Lauderdale | February 5, 1982 | $672.4 million | $573.7 million | California FS&LA |
Other failed banks Empire of America, Fsa took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Metropolitan Sa (assistance) | Farmington | MI | February 12, 1983 | $395.9 million | $254 million | $1.5 million | Empire of America, Fsa |
| American FS&LA (assistance) | Southfield | MI | July 30, 1982 | $841.7 million | $475.8 million | $3.1 million | Empire of America, Fsa |
All bank failures in 1982 · All bank failures in Florida · Every failed bank Empire of America, Fsa took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.