Sunday, December 05, 2010

Bank Failures per Week in 2010

by Calculated Risk on 12/05/2010 02:29:00 PM

I haven't updated this graph for some time ...

There have been 314 bank failures in this cycle (starting in 2007):

FDIC Bank Failures by Year
20073
200825
2009140
2010149
Total314

FDIC Bank Failures No larger image.
This graph shows bank failures by week in 2008, 2009 and 2010.

The FDIC has slowed down recently, and there are probably only two weeks left for bank closures this year. The 149 bank failures this year is the highest total since 1992 (181 bank failures).

Unfortunately banks are still being added to the unofficial problem bank list much faster than they are being removed ... so there are probably many more banks failures to come.

Earlier:
Summary for Week ending December 4th
Schedule for Week of December 5th