Hey, its been a while since we showed our favorite Bank Charts, via Ron Griess of the Chart Store:
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click for larger charts

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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.

2 Responses to “FDIC Bank Closures”

  1. DeDude says:

    Looks to me like it has under-performed compared to both 2009 and 2010. Is this a buying opportunity.

  2. Brent_in_Aurora says:

    The cost to the DIF is more relevant than the number of small banks that fail. There are plenty of small banks that fail, but one New Frontier or IndyMac has more impact.
    http://portalseven.com/banks/Failed_Banks_FDIC_Cost.jsp
    Based on this chart, it appears that the magnitude of the problem is decreasing in terms of total losses. However, one Bank of America or Citi would force a scale adjustment to the chart.