Thorough Bank Failure CoverageThere was one bank failure last Friday, following five failures the previous week. A total of 40 institutions have been shuttered by regulators this year. During the current wave of failures that began in 2008, there have been 362 banks and thrifts closed by regulators, with Georgia in the lead with 61 bank closures; followed by Florida, with 50 failures; Illinois, with 42; and California, with 37 failed banks and thrifts. All bank and thrift failures since the beginning of 2008 are detailed in TheStreet's interactive bank failure map:
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