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First Southern Bank shuttered
Heritage Bank to take over assets, deposits
First Southern Logo CMYK
WASHINGTON — Regulators on Friday closed one bank each in Florida, Georgia and Illinois, including First Southern National Bank in Statesboro, lifting to 68 the number of U.S. bank failures this year. First Southern is reported to have $164.6 million in assets and $159.7 million in deposits. Heritage Bank of the South, based in Albany, Ga., is assuming the assets and deposits of First Southern National Bank.
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