January 16, 2009 – 11:06 pm

A second small bank has gone down today — via CNN:

According to the FDIC, Bank of Clark County had total assets of $446.5 million and total deposits of $366.5 million. Uninsured deposits totaled $39.3 million.

Bank of Clark County will reopen on Tuesday as branches of Umpqua Bank.

The FDIC estimates the cost to its insurance fund will be between $120 million and $145 million.


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