U.S regulators closed three more banks on Friday, which makes a total of 133 banks to fail as of October 15 this year. Two banks were closed in Missouri and one in Kansas.

FDIC or Federal Deposit Insurance Corporation confirmed that 3 banks, Premier Bank from Jefferson City, WestBridge Bank and Trust Co from Chesterfield, and Security Savings Bank, F.S.B from Olathe, Kansas were closed.

The Premier bank has a total amount of $1.18 billion assets with $1.03 billion deposits. The flop is anticipated to cost the FDIC about $406.9 million insurance deposit fund.

FDIC stated that Providence Bank of Columbia in Missouri will take on all the deposits of the Premier bank, but this does not include some brokered deposits. They as well agreed to buy the $657.9 million of the bankrupted bank’s assets.

Security Savings Bank, F.S.B had around $508.4 million in assets while having deposits of around $397 million. The collapse was thought to cost the FDIC deposit insurance to yield $82.2 million. Security Savings Bank’s assets and deposits will be taken by Simmons First National Bank of Arkansas.

WestBridge Bank and Trust Company had around $91.5 million assets with $72.5 million deposits. The said crash will push the FDIC to give $18.7 million. Midland States Bank of Effingham, Illinois will take on the collapsed bank’s assets and deposits as what FDIC stated.

It is now smaller establishments that are closing since they are dealing with troubles in the real estate business. Smaller banks are more focusing on these loans than bigger banks.