WASHINGTON (AP) — Federal regulators have closed a small bank in Missouri, bringing the number of U.S. banks that have failed so far this year to 33.

The Federal Deposit Insurance Corp. said Friday that it seized Glasgow Savings Bank in Glasgow.

The bank had one branch and about $24.8 million in assets and $24.2 million in deposits as of March 31.

Regional Missouri Bank, in Marceline, Mo., agreed to assume all of Glasgow Savings' deposits and to purchase essentially all of its assets.

The FDIC estimates that the failure of Glasgow Savings will cost the insurance fund $100,000.

The bank is the first FDIC-insured institution in Missouri to fail this year.