Here is a look at bank closings for the year 2010 (note this does not include any closings the last 2 weeks of the year).

All charts courtesy of the Chart Store:

>

>

ASAAA

>

Category: Credit, Regulation

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “FDIC Bank Closings for 2010”

  1. chicagobob says:

    I wonder if the Chart Store has access to more historical data. Absolute #’s make good graphs but don’t necessarily provide good comparisons from one era to another.

    So, given historical context, I would wonder what is the relative percentage of banks that have failed this time vs. previous downturns? Or perhaps more interesting, what is the percentage of total $’s on deposit compared to past downturns?

    -Bob

  2. Marcus says:

    Interesting how similar the number of closings in 2009-10 look to 1985-86. Does that mean we have another 3 years until we hit a peak like 1989? I wonder.