Regulators shut down two more Texas banks.

The failures bring to 31 the number of banks that have collapsed in Texas this year, eclipsing the national record the state set last year with 26. First State Bank of Milford and Northwest Commercial in Houston were closed and the Federal Deposit Insurance Corp. was named as receiver, FDIC spokesman Bill Olcheski said. In Texarkana, meanwhile, regulators declared Security Savings Assn. insolvent, citing bad lending practices and speculative land purchases, Federal Home Loan Bank Board spokesman Paul Olkhovsky said. That brings the number of S&Ls; closed in Texas this year to four.