by Calculated Risk on 9/07/2012 08:03:00 PM

The changing seasons
Autumn leaves yellow and fall
As do Mid-West Banks
by Soylent Green is People
From the FDIC: Republic Bank & Trust Company, Louisville, Kentucky, Assumes All of the Deposits of First Commercial Bank, Bloomington, Minnesota

As of June 30, 2012, First Commercial Bank had approximately $215.9 million in total assets and $206.8 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $63.9 million. ... First Commercial Bank is the 41st FDIC-insured institution to fail in the nation this year, and the fourth in Minnesota.

It is Friday!

Earlier on employment:
• August Employment Report: 96,000 Jobs, 8.1% Unemployment Rate
• Employment: Another Weak Report (more graphs)
• All Employment Graphs