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In 2010 regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago. The FDIC has said 2010 likely was the high-water mark for bank failures from the Great Recession. They declined to a total of 92 in 2011. From 2008 through 2011, bank failures cost the deposit insurance fund an estimated $88 billion. The fund fell into the red in 2009. But with failures slowing, the fund's balance turned positive in the second quarter of last year. By Sept. 30 it stood at $25.2 billion, up from $22.7 billion at the end of June. The FDIC expects bank failures from 2012 through 2016 to cost $10 billion.
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