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Bank closings continue to dwindle in Kansas City area

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If the first three months of the year are any indication, a downward trend in bank closures seems to be continuing. Only four banks nationwide have closed this year — none of which involved a loss-share agreement with the Federal Deposit Insurance Corp. That’s a big difference from the first three months of last year, when regulators closed 16 banks. Overall in 2012, regulators closed 51 banks, down from 92 in 2011. The last bank with a presence in the Kansas City area to be closed by regulators…

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