WASHINGTON (Reuters) - The Park Avenue Bank, a New York City-based institution, was among three banks seized by regulators on Friday, and is the second area bank to fail in two days.

The other banks seized Friday were small institutions in Florida and Louisiana, and brought the total number of failures so far this year to 30.

The Federal Deposit Insurance Corp. found buyers for the deposits of all three banks.

Community banks across the nation are continuing to fail at a steady pace.

The FDIC said Friday that The Park Avenue Bank of New York City; Old Southern Bank of Orlando, Florida; and Statewide Bank of Covington, Louisiana were closed. The FDIC did not disclose why they failed.

The Park Avenue Bank was the largest of the three, with about $520 million in assets and four branches.

It focused on banking services for small businesses, and commercial and real-estate-based businesses, which are problem areas for many small banks.

The New York City-based bank was the second one in the area to fail in two days. LibertyPointe Bank was closed by regulators on Thursday, a day earlier than banks are usually seized, because a large number of its bank employees are Jewish and typically head home for the Sabbath Friday evenings, the FDIC said.