Georgia, the state hit the hardest by the string of bank failures to come out of the 2009 financial crisis, has suffered another three bank closures Friday.

The Federal Deposit Insurance Corporation (FDIC) has already closed 124 banks to date and with that record number of bank failures, you would think that they'd be about done already.

The recent rash of bank failures continues with the FDIC closing five more banks on November 6th, bringing the total number of bank failures in 2009 to 120.