by Calculated Risk on 2/11/2011 07:08:00 PM

Punxsutawney's kin
Badger State saw it's shadow
Now no early Spring.
by Soylent Green is People
From the FDIC: Royal Bank, Elroy, Wisconsin, Assumes All of the Deposits of Badger State Bank, Cassville, Wisconsin

As of December 31, 2010, Badger State Bank had approximately $83.8 million in total assets and $78.5 million in total deposits ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $17.5 million. .... Badger State Bank is the seventeenth FDIC-insured institution to fail in the nation this year, and the second in Wisconsin.

Three down today.