Today, Omni National Bank of Atlanta was seized by federal regulators, the 21st U.S. bank to fail this year. With $956 million in assets and $796.8 million in deposits, it was closed by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. (FDIC) was named receiver. SunTrust Banks Inc. of Atlanta will operate the bank’s six branches in four states.

This also marks the 5th bank that’s closed this month, including:

TeamBank, National Association, Paola, KS
Colorado National Bank, Colorado Springs, CO
FirstCity Bank, Stockbridge, GA
Freedom Bank of Georgia, Commerce, GA

One strange thing to look at with these bank closures is that not a single bank or banking system in the northeast has closed. Every other area has had at least one bank closure, and Omni’s closing becomes the 6th Southern bank to shut its doors. Georgia has had the most banks close, with 4, followed by California with 3. Overall, this is indicative of how the housing market has gone, although it’s surprising that Florida, which is one of the high areas for home forclosures, hasn’t suffered as badly, with only one bank closure in 2009. And, compared to last year, Georgia and California lead the way again, while Florida only had two banks close.

If there’s any silver lining here, it’s that March has had the fewest banks to close this year, which might be a sign that the economy is finally starting to heal itself, and that banks that are closing were those that were too far gone for recovery efforts to help them. At least that’s what we can hope for.