As June 2009 rolls on more banks were shut down by the FDIC. In a recent article we asked “What is the main problem with banking in Atlanta Georgia? Perhaps the question should be “What’s wrong in Georgia?”

Banks in Georgia, North Carolina and Kansas with total assets of $1.5 billion were closed yesterday, bringing this year’s tally of failures in the U.S. to 40 amid the highest unemployment in a quarter century.

State regulators shut Southern Community bank of Fayetteville, Georgia and Cooperative Bank in Wilmington, North Carolina. The Office of the Comptroller of the Currency closed First National Bank of Anthony, Kansas. The Federal Deposit Insurance Corp. was named as receiver for all three, according to statements from the FDIC.

As many as 1,000 U.S. banks could fail in the next three to five years on losses related to commercial real estate loans, RBC Capital Markets analysts said in February. The FDIC estimates U.S. bank failures through 2013 may cost $70 billion.