The Bellingham Herald

Government regulators took down four more banks, bringing the total to five so far today and 47 in 2010. Here are the details:

No.44, 45 and 46 (all three in Florida): American FirstBank of Clermont, First Federal Bank of North Florida in Palatka and Riverside National Bank of Florida in Fort Pierce were all shut down today, then taken over by TD Bank in Wilmington, Del. Estimated cost to the FDIC: $508.3 million.

No. 47: Butler Bank of Lowell, Mass. was closed, then taken over by People’s Bank of Bridgeport, Conn. Estimated cost to the FDIC: $22.9 million.