Bank Watch: Regions brings Integrity back from the dead

It's back to business for Integrity Bank of Alpharetta, which the Federal Deposit Insurance Corp. declared insolvent Friday, but under the Regions Financial Corp. banner. The Birmingham, Ala.-based bank purchased the failed Georgia bank and assumed $900 million in deposits for $9.7 million.

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Integrity was the 10th bank to collapse this year due to the credit crunch and subprime mortgage crisis. Last week the FDIC announced that the list of "problem" banks has increased to 117 institutions, up from 90 at the end of March. - Maria Woehr

Here is a list of the other banks that have failed this year.

• Columbian Bank and Trust Co. of Topeka, Kan. Aug. 22.
• First Priority Bank, Aug. 1
  
• National Bank of Nevada, July 28
  
• First Heritage Bank NA, July 28
  
• IndyMac Bancorp, July 11
• First Integrity Bank NA, May 30
• ANB Financial NA, May 9
• Hume Bank, March 7
• Douglass National Bank, Jan. 25

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