The latest causalities of 2009:
Affinity Bank, which had total assets of $1 billion, deposits of $922 million and 10 branches in Northern and Southern California as of July 10, will be taken over by San Diego-based Pacific Western Bank, the FDIC announced.
Affinity Bank cost - $254 million
Bradford Bank, the second bank to fail in Maryland this year, had $452 million in assets and $383 million in deposits as of June 30
Bradford cost - $97 million.
ainstreet Bank had $459 million in assets and $434 million in deposits as of June 30, the FDIC reported.
Mainstreet Bank (isn't this title apropos since mainstreet is being told to go to hell generally?) cost $95 million.
Distressed Banks now number 416 according to the FDIC.