) -- Regulators shut down two banks and two thrifts Friday, bringing the total number of failed U.S. banks and savings and loans during 2009 to 81.
The Office of Thrift Supervision took over
of Atlanta and appointed the FDIC receiver. The FDIC then sold the thrift's deposits and sole office to
Stearns Bank NA
Georgia regulators shut down
First Coweta Bank
of Newnan, Ga. The Federal Deposit Insurance Corp. was appointed receiver and sold the failed bank's retail deposits and branches to
of Zebulon, Ga.
The Alabama State Banking Department closed
of Birmingham, Ala. and appointed the FDIC receiver. The FDIC sold all of CapitalSouth's retail deposits and branches to
of Lafayette, La. IBERIABANK is the main subsidiary of
(IBKC - Get Report)
Lastly, the Office of Thrift Supervision shuttered Guaranty Bank of Austin, Texas, the main subsidiary of
Guaranty Financial Group
. In a deal that was
, the FDIC sold all of the bank's retail deposits and branches to
of Birmingham, Ala., the main U.S. subsidiary of
Banco Bilbao Vizcaya Argentaria SA
First Coweta and CapitalSouth were included in
preliminary list of 104
undercapitalized banks and thrifts
, based on preliminary second-quarter data. Guaranty Bank and ebank were not included in the preliminary second-quarter list, since data for most thrifts was unavailable when the report was published on Aug. 6.
Of the 89 institutions on a previous list published
in late May, 35 have failed.
All previous bank failures since the beginning of 2008 are detailed on
Bank Failure Map