by Calculated Risk on 8/03/2012 07:06:00 PM

From the FDIC: First Midwest Bank, Itasca, Illinois, Assumes All of the Deposits of Waukegan Savings Bank, Waukegan, Illinois

As of March 31, 2012, Waukegan Savings Bank had approximately $88.9 million in total assets and $77.5 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $19.8 million. ... Waukegan Savings Bank is the 40th FDIC-insured institution to fail in the nation this year, and the sixth in Illinois.

It is officially Friday!

Earlier on employment:
• July Employment Report: 163,000 Jobs, 8.3% Unemployment Rate
• Employment: Another Fairly Weak Report (more graphs)
• All Employment Graphs