WASHINGTON - The board of the Federal Deposit Insurance Corp. has approved the assumption of the deposits of Somersworth Bank in Somersworth, N.H., by New Dartmouth Bank of Manchester, N.H.

New Dartmouth assumed $103.9 million in about 11,000 deposit accounts, and will purchase $50.2 million of the failed bank's assets at a discount of $4.5 million.

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