Federal regulators close Independent National Bank

Three Bank Failures Bring Year's Tally to 113

Regulators on Friday shut down two Florida banks and one in Virginia, lifting to 113 the number of U.S. bank failures this year.

The Federal Deposit Insurance Corp. took over Community National Bank at Bartow, in Bartow, Fla., with $67.9 million in assets, and Independent National Bank of Ocala, Fla., with $156.2 million in assets. CenterState Bank of Florida, based in WinterHaven, agreed to assume the assets and deposits of the two failed banks.