A previous version of this story incorrectly included the ticker of California Bank of Commerce.
NEW YORK ( TheStreet) -- Despite the signs of economic improvement, the pace of bank failures is likely to accelerate as the shakeout continues among community lenders with capital shortfalls.
Based on preliminary first-quarter regulatory data supplied by SNL Financial for roughly 92% of the nation's 7,300 banks and savings and loan associations, 156 were "undercapitalized," according to the regulatory guidelines that apply to most institutions. Clink the link below to see the full list.
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