It's Bank Failure Friday!!!

And here they are, ordered, and numbered for the year so far.

11. Pisgah Community Bank, Ashville, NC
12. Sunrise Bank,Valdosta, GA

Full FDIC list

And here are the credit union closings:

6. Lynrocten Federal Credit Union, Lynchburg, VA

Full NCUA list

Something odd is going on.  In the past 3 weeks, the number of banks failures have more than doubled. 

So, here is the graph pr0n with last years numbers for comparison (FDIC only):