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FDIC closes banks in North Carolina, Georgia

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WASHINGTON (AP) — Regulators have closed banks in Georgia and North Carolina, bringing the number of U.S. bank failures to 10 this year. The Federal Deposit Insurance Corp. said on Friday it seized Douglas County Bank, based in Douglasville, Ga. The lender, which had four branches, had about $316.5 million in assets and $314.4 million in deposits. Regulators also closed Parkway Bank, based in...

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