Bank failure update

Number of banks closed 2003: 3

Number of banks closed 2004: 4

Number of banks closed 2005: 0

Number of banks closed 2006: 0

Number of banks closed 2007: 3

Number of banks closed last year: 25

Number of banks closed so far this year: 37

Number 37, the Bank of Lincolnwood in Lincolnwood, Illinois, was closed by the FDIC on Friday.