My Way News - Calif. bank becomes 99th in US to be shut in 2009: "NEW YORK (AP) - Regulators shut down San Joaquin Bank in California on Friday, marking the 99th failure this year of a federally insured bank.
The Federal Deposit Insurance Corp. was appointed receiver of San Joaquin Bank, based in Bakersfield, Calif. It had $775 million in assets and $631 million in deposits as of Sept. 29."
Cost to the FDIC (i.e., the taxpayers): an estimated $103 million.