Three More Banks Topple

Regulators closed three more banks Friday, bringing the toll for the year to 133.

Kansas officials shut down SolutionsBank, of Overland Park, Kan., and appointed the Federal Deposit Insurance Corp. as receiver. The FDIC struck a deal with Arvest Bank, of Fayetteville, Ark., to take over the failed bank's six branches, its $421.3 million in deposits and its $511.1 million in assets.

The FDIC entered into a loss-sharing agreement with Arvest on $411.3 million of SolutionsBank's assets. Regulators had ordered SolutionsBank in October to take "prompt corrective action'' to raise additional capital or find a buyer.

The Office of the Comptroller of the Currency shut down Republic Federal Bank N.A., of Miami. The FDIC was appointed as receiver, and arranged for 1st United Bank of Boca Raton, Fla., to take over the failed bank's four branches, along with its $352.7 million in deposits and $267.1 million of its $433 million in assets.

The bank agreed to pay a 1.2 percent premium to acquire Republic  Federal's deposits. The FDIC agreed to share in any losses with 1st United on $210.4 million of those assets.

The Office of the Comptroller of the Currency also closed Valley Capital Bank, in Mesa, Ariz. Enterprise Bank, of Clayton, Mo., agreed to buy Valley Capital's sole branch, along with $41.3 million in deposits and $40.3 million in assets. Enterprise paid a 2 percent premium for the deposits.

The FDIC and Enterprise agreed to a loss-sharing arrangement covering $29.8 million of the assets.

The FDIC said the three closings would cost its insurance fund an estimated $252.1 million.