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WASHINGTON — Regulators have shut two banks in Florida and one in Georgia, lifting to 106 the number of U.S. banks to fail this year.
The Federal Deposit Insurance Corp. took over the banks: Bayside Savings Bank in Port St. Joe, Fla., with $66.1 million in assets; Coastal Community Bank, based in Panama City, Fla., with $372.9 million in assets; and NorthWest Bank and Trust, based in Acworth, Ga., with assets of $167.7 million.
Denver Post staff and wire reports
