PORTLAND – TD Bank bought three Florida banks from the Federal Deposit Insurance Corp. late Friday, the Portland- and Cherry Hill, N.J.-based bank said. 

The company said it purchased Riverside National Bank of Florida, with 58 branches, First Federal Bank of North Florida, with eight branches, and AmericaFirst Bank, with three locations. The purchases also give TD Bank another 80 ATMs in Florida.

“These acquisitions give us an even stronger footprint in the key, fast-growing Florida market, increasing our presence to about 100 locations,” said Bharat Masrani, TD Bank’s president and chief executive officer.

The deal gives TD Bank another $3.8 billion in assets and loans of $2.1 billion, which are covered by a loss-sharing agreement with the FDIC. Under that agreement, the FDIC will cover half of any loan losses up to a total of $518 million apportioned among the three banks and 80 percent of any losses beyond those thresholds.

TD Bank now has $152 billion in assets and branches along the East Coast from Maine to Florida.