Regulators have shut three banks in Minnesota, Michigan and Colorado, pushing thee the number of this year's failed US banks to 98.

The Federal Deposit Insurance Corp. took over Warren Bank with around $538 million in assets and $501 million in deposits.

The Columbus-based Huntington National Bank has agreed to assume the deposits and around $83 million of the assets of the failed bank.

Six branches of Warren Bank will re-open on Saturday as branches of Huntington National Bank.

Regulators also shut Jennings State Bank in Spring Grove, Minnesota, and Southern Colorado National Bank, Pueblo, Colorado.

Central Bank of Stillwater, Minnesota has agreed to assume $52.4 million deposits along with $56.3 million in assets of Jennings State Bank.

Legacy Bank, Wiley, Colorado has agreed to assume $31.9 million deposits of the Southern Colorado National Bank. Legacy will also buy Southern Colorado's assets worth $39.5 million.

The FDIC and Legacy Bank will share losses of around $25.5 million of the Southern Colorado National Bank