More US banks shut down

Regulators have shut down small banks in Florida and Texas, boosting to 18 the number of American bank failures this year, following the 140 closures in 2009 in the worst financial climate in decades.

The Federal Deposit Insurance Corporation took over Marco Community Bank, with a single office on Marco Island, a wealthy barrier island near Naples on Florida’s gulf coast.

Also seized was single-branch La Coste National Bank of La Coste, Texas.

Mutual of Omaha Bank, a subsidiary of big insurance company Mutual of Omaha, agreed to assume the assets and deposits of Marco Community Bank.