WASHINGTON (AP) - Regulators have shut down two Florida banks and one in Virginia, lifting to 113 the number of U.S. bank
failures this year.
The Federal Deposit Insurance Corp. on Friday took over Community National Bank at Bartow, in Bartow, Fla., with $67.9
million in assets, and Independent National Bank of Ocala, Fla., with $156.2 million in assets. CenterState Bank of Florida, based in WinterHaven, agreed to assume the assets and deposits of the two failed banks.
The FDIC also seized Imperial Savings and Loan Association of Martinsville, Va., with $9.4 million in assets. River Community Bank, also of Martinsville, agreed to assume the assets and deposits of Imperial Savings.