The toll of failed banks is mounting. And this year is has the most since 1992, when the savings-and-loan cirsis was at its peak.
The latest came Friday with the seizures of two small banks in Georgia: ebank, located in Atlanta, with $143 million in assets and $130 million in deposits; First Coweta, based in Newnan, Ga., with $167 million in assets and $155 million in deposits.
The Federal Deposit Insurance Corp. was appointed receiver of the failed banks.
