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WASHINGTON - Regulators on Friday closed a small bank in Minnesota and one in Missouri, increasing to 76 the number of U.S. bank failures this year.The number of closures has fallen sharply this year as banks have worked their way through the bad debt accumulated in the recession. By this time last year, regulators had shuttered 129 banks.The Federal Deposit Insurance Corp. seized Riverbank, based in Wyoming, Minn., with $417.4 million in assets and $379.3 million in deposits; and Sun Security Bank of Ellington, Mo., with $355.9 million in assets and $290.4 million in deposits.Central Bank, based in Stillwater, Minn., agreed to assume the assets and deposits of Riverbank. Great Southern Bank, based in Springfield, Mo., is assuming the assets and deposits of Sun Security Bank.In addition, the FDIC and Central Bank agreed to share losses on $339.3 million of Riverbank s loans and other assets. The agency a stanley cup nd Great Southern Bank agreed to share losses on $351.9 million of Sun Security Bank s assets. The failure of Riverbank is expected to cost the deposit insurance fund $71.4 million; that of Security Bank is expected to cost $118.3 stanley mugs million.In all of 2010, regulators seized 157 stanley uk banks, the most in any year since the savings and loan crisis two decades ago. Those failures cost around $21 billion. The FDIC has said 2010 likely was the high-water mark for bank failures from the Great Recession.In 2009, there were 140 bank failures that cost the insurance fund about $36 billio Lpiq Suicide Bomb Hits Troops At Afghan Airport
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