• Friday's failures. Three affiliated Florida banks were closed on Friday, bringing the year's total failures to date to 76 and costing the FDIC's insurance fund an estimated $203M. The banks' owner, Bank of Florida (BOFL), isn't part of the transaction, but its shares closed -60.9% in after hours trading on Friday.
FDIC: Press Releases - PR-125-2010 5/28/2010
FDIC: Press Releases - PR-125-2010 5/28/2010