FDIC shutters Atlanta's Silverton Bank: report

NEW YORK (Reuters) - The Federal Deposit Insurance Corp has closed Silverton Bank, a failed Atlanta bank that regulators seized last month, instead of selling it, the Wall Street Journal reported on Friday.

A consortium of private equity firms including Carlyle Group CYL.UL, Lightyear Capital, Harvest Partners and Colony Capital, was in talks to buy the bank, the paper reported.

Regulators had created a "bridge bank" to take over operations of Silverton while they searched for a buyer.

Silverton, which provided services to other banks rather than to consumers, had about $4.1 billion in assets and $3.3 billion in deposits.

The FDIC was not immediately available for comment.

(Reporting by Paritosh Bansal, editing by Dave Zimmerman)

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