Two failures in Florida, including the collapse of Naples-based Orion Bank, and another in California late Friday brought the year's total to 123. The Federal Deposit Insurance Corp. estimated the losses from the three failures would total nearly $1 billion.

Orion's seizure came the same day the Federal Reserve Board issued a harsh order against the $2.7 billion-asset bank, alleging former chief executive Jerry Williams had lied to examiners about the bank's capital.

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