Monday, February 1, 2010

Six banks fail, in Florida, Georgia and California

By Hibah Yousuf, staff reporterJanuary 31, 2010: 7:50 PM ET

NEW YORK (CNNMoney.com) -- Regulators shuttered six banks on Friday, notching up 15 failed banks in the first month of in 2010.

The biggest to fall was First Regional Bank in Los Angeles, which had deposits of $1.87 billion. The others were Community Bank and Trust in Cornelia, Ga.; Florida Community Bank in Immokalee, Fla.; First National Bank of Georgia in Carrollton, Ga.; Marshall Bank in Hallock, Minn.; and American Marine Bank in Bainbridge Island, Wash.