Citizens First National Bank of Princeton, Illinois and Heritage Bank of Florida were both closed by the FDIC today, bringing the tally of bank failures in the U.S. to 49. Heartland Bank and Trust of Bloomington, Illinois, will assume Citizen First National Bank's $869.4M in deposits and purchase essentially all its $924M in assets. Centennial Bank of Conway, Arkansas will assume Heritage Bank of Florida's $223.3M in deposits and purchase $193.7M of the failed institution's $225.5M in assets. The FDIC will hold the remainder. The combined hit to the FDIC: $110.7M.