Four more banks disappeared last week, bringing failures so far this year to 29, surpassing the 2008 total. First Bank of Beverly Hills, in Calabasas, Calif., was the largest of the institutions, with assets totaling $1.5 billion and total deposits of $1 billion. The Federal Deposit Insurance Corp. couldn’t find a taker, and mailed customers their insured deposits on Monday; brokers with insured deposits will get their funds after submitting the appropriate documents. The failure will make a $394-million dent in the Deposit Insurance Fund.

Other institutions successfully absorbed three other banks. Minneapolis-based U.S. Bank assumed the seven branches of First Bank of Idaho, located in Ketchum, Idaho. First Bank of Idaho had total asset of $488.9 million and deposits of $374 million. U.S. Bank paid a 0.55 percent premium for First Bank of Idaho’s deposits; it did not assume $112.8 million in brokered deposits, and purchased only $17.8 million of the failed bank’s assets. The cost to the DIF will come to $191.2 million.

Michigan Heritage Bank, in Farmington Hills, Mich., was taken on by Level One Bank, also in Farmington Hills. Included in the deal were three offices and $151.7 million in deposits at 1.16 percent premium, excluding $50 million in brokered deposits. Level One also purchased $46.1 million of Michigan Heritage’s $184.6 million in assets. The DIF will be drained a further $71.3 million as a result.

Kennesaw, Ga.-based American Southern Bank’s single office reopened as a branch of Bank of North Georgia in Alpharetta, Ga., yesterday. The failed institution held $112.3 million in assets and $104.3 million in deposits. Bank of North Georgia paid a 0.003 percent premium for $55.6 American Southern’s deposits, and took on $31.3 million of its assets. The FDIC will pay brokers $48.7 million in brokered deposits, and retain the remaining assets until disposition, with a cost to the Deposit Insurance Fund of $41.9 million for the resolution.

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