US economic recession is still not ready to leave as state regulator has shut down Bank of Wyoming of Thermopolis, lifting the tally up to 53 during 2009.

Recently, TheStreet. com Ratings had downgraded Bank of Wyoming's rating from D-minus (Weak) to E-minus (Very Weak).

However, Bank of Wyoming wasn't included in TheStreet. com's recent list of 89 undercapitalized banks and thrifts.

The reason for the same was bank's Tier 1 leverage ratio that stood at 4.05 percent on March 31, above the 4 percent point required for a bank to be considered adequately capitalized.

Central Bank and Trust will take over all the failed deposits of the bank, apart from roughly $8 million in brokered deposits.

Bank of Wyoming had possessed total assets worth $70 million and deposits worth $67 million.

Customers who had put brokered deposits in Bank of Wyoming should contact their brokers directly as the FDIC will pay brokered deposits straight to the brokers.