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Sunday, December 18, 2011

Bank Body Count

We have one bank down in what may possibly be the last bank failure of the year:

-Premier Community Bank of The Emerald Coast, Florida - Estimated cost to FDIC $31.2 million. (whoever thought of that name should be taken out and shot).

That brings to 91 the total bank body count for 2011, disappointing but with the economy about to collapse again, 2012 will give us abundant opportunities to make fun of bank names.

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