Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.

The evening began with the failure of $65 million-asset Partners Bank in Naples, Fla., bringing the year's toll to 100 for the first time since the savings and loan crisis. When all was said and done, banks in five states totaling over $1 billion in assets were closed, leaving the government with $357 million more in losses.

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