As the Treasury Department winds down the Troubled Asset Relief Program, some banks will exit on their own, some by auction and others by burning out.

Regulators shuttered two banks with Tarp money last week. The holding company for the $201 million-asset Excel Bank had $4 million in subordinated debt from Tarp, and the $159 million-asset GulfSouth Private Bank had $7.5 million in preferred stock.

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