U.S. closes 4 banks, 22 total so far in 2011 - chicagotribune.com: "WASHINGTON (Reuters) - U.S. banking authorities closed four banks on Friday, bringing the total number shuttered in 2011 to 22.
In 2010, 157 banks failed following 140 failures in 2009. The bulk of the failures have increasingly been smaller institutions, those with less than $1 billion in assets, as large banks have recovered more quickly from the 2007-2009 financial crisis.
The FDIC announced the following closures on Friday: >>>> KEEP READING FOR LIST:
*Habersham Bank of Clarkesville, Georgia was closed. The bank's eight branches will reopen as part of SCBT National Association . As of December 31, 2010, Habersham Bank had approximately $387.6 million in total assets and $339.9 million in total deposits."
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