A second bank sank.

• Position: Eastern

North Carolina went 16 years between bank failures. But it has had two within two months this year, both in Wilmington. In mid-June, federal and state regulators shut down Cooperative Bankshares Inc., the parent company of Cooperative Bank. The Federal Deposit Insurance Corp. sold most of the assets to Troy-based First Bancorp, and Cooperative's 24 offices reopened as First Bank branches. In April, regulators closed Cape Fear Bank Corp. and sold its assets to Charleston, S.C.-based First Financial Holdings Inc...