by Calculated Risk on 9/09/2011 06:34:00 PM

F. N. B. O. F.
F. D. I. C. 9. 1. 1.
F. U. B. A. R.
by Soylent Green is People
From the FDIC: CharterBank, West Point, Georgia, Assumes All of the Deposits of The First National Bank of Florida, Milton, Florida

As of June 30, 2011, The First National Bank of Florida had approximately $296.8 million in total assets and $280.1 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $46.9 million. ... The First National Bank of Florida is the 71st FDIC-insured institution to fail in the nation this year, and the eleventh in Florida.

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