S&P 500 Fallimenti banche USA (1 Viewer)

[gipa69]

Questo fine settimana 5 fallimenti di banche negli USA per un danno complessivo al FDIC di circa 500 milioni di dollari..

FDIC: Failed Bank List

 

[paologorgo]

First Regional Bank of Los Angeles leads five bank failures, bringing the annual total to 14, and 154 since the beginning of 2009. The L.A. bank had $1.87B in deposits and a purchase agreement will cost the FDIC's Deposit Insurance Fund an estimated $825.5M; banks in Florida and Minnesota and two banks in Georgia (I, II) add nearly another $1B to the DIF's costs.

And American Marine Bank of Bainbridge Island, Wash., makes it a full 15 bank failures for 2010, at an estimated cost of $58.9M.

S.A.

 

[gipa69]

bank failures


#10

• Failed bank: First National Bank of Georgia, Carrollton GA
• Acquiring bank: Community & Southern Bank, Carrollton GA
• Vitals: at 9/30/09, assets of $832.6m, deposits of $757.9m
• Estimated DIF damage: $260.4m

#11

• Failed bank: Florida Community Bank, Immokalee FL
• Acquiring bank: Premier American Bank NA, Miami FL
• Vitals: at 9/30/09, assets of $875.5m, depoists of $795.5m
• Estimated DIF damage: $352.6m
  

#12

• Failed bank: Marshall Bank NA, Hallock MN
• Acquiring bank: United Valley Bank, Cavalier ND
• Vitals: at 9/30/09, assets of $59.9m, deposits of $54.7m
• Estimated DIF damage: $4.1m

#13

• Failed bank: Community Bank & Trust, Cornelia GA
• Acquiring bank: SCBT Bank NA, Orangeburg SC
• Vitals: at 9/30/09, assets of $1.21 billion, deposits of $1.11 billion
• Estimated DIF damage: $354.5m

#14

• Failed bank: First Regional Bank, LA CA
• Acquiring bank: First Citizens Bank & Trust, Raleigh NC
• Vitals: assets of $2.18 billion, deposits of $1.87 billion
• Estimated DIF damage: $825.5m

#15

• Failed bank: American Marine Bank, Bainbridge Island WA
• Acquiring bank: Columbia State Bank, Tacoma WA
• Vitals: at 9/30/09, assets of $373.2m, deposits of $308.5m
• Estimated DIF damage: $58.9 m

circa 1 miliardo e 850 milioni di danni collaterali

 

[paologorgo]

There have been 183 bank failures in this cycle (starting in 2007):



Click on graph for larger image in new window.

The first graph shows bank failures by week in 2008, 2009 and 2010.

The FDIC is off to a fast start in 2010.

My prediction is the FDIC will close more banks in 2010 than in 2009 (more than 140), but fewer banks than in 1989 - peak of the S&L crisis (534 banks).



The second graph shows bank failures by year since the FDIC was started.

The 140 bank failures last year was the highest total since 1992 (181 bank failures).

And since people always ask, the third graph is of bank failures by number of institutions and assets, from the December Congressional Oversight Panel’s Troubled Asset Relief Program report.



Note: This is through Nov 30th for 2009.

From the report (page 45):

Figure 11 shows numbers of failed banks, and total assets of failed banks since 1970. It shows that, although the number of failed banks was significantly higher in the late 1980s than it is now, the aggregate assets of failed banks during the current crisis far outweighs those from the 1980s. At the high point in 1988 and 1989, 763 banks failed, with total assets of $309 billion.167 Compare this to 149 banks failing in 2008 and 2009, with total assets of $473 billion.168​

Note: This is in 2005 dollars and this includes the failure of WaMu in 2008 with $307 billion in assets that didn't impact the DIF.

I'll update the losses for the Deposit Insurance Fund (DIF) over the next few weeks.

Calculated Risk: FDIC Bank Failure Update

 

[gipa69]

FDIC: Press Releases - PR-30-2010 2/5/2010

Un solo piccolo fallimento per ora....

 

[gipa69]

4 nuovi fallimenti di banche USA 1 miliardo di perdite circa.





#17

• Failed bank: Marco Community Bank, Marco Island FL
• Acquiring bank: Mutual of Omaha Bank, Omaha NE
• Vitals: at 12/31/09, assets of $119.6 million, deposits of $117.1 million
• Estimated DIF damage: $38.1 million

#18

• Failed bank: La Coste National Bank, La Coste TX
• Acquiring bank: Community National Bank, Hondo TX
• Vitals: at 12/31/09, assets of $53.9 million, deposits of $49.3 million
• Estimated DIF damage: $3.7 million

#19

• Failed bank: George Washington Savings Bank, Oak Park IL
• Acquiring bank: FirstMerit Bank NA, Akron OH
• Vitals: at 12/31/09, assets of $412.8 million, deposits of $397 million
• Estimated DIF damage: $141.4 million

#20

• Failed bank: La Jolla Bank, FSB, La Jolla CA
• Acquiring bank: OneWest Bank, FSB, Pasadena CA
• Vitals: at 12/31/09, assets of $3.6 billion, deposits of $2.8 billion
• Estimated DIF damage: $882.3 million

 

[gipa69]

Tra parentesi qua una sorta di polemica sui loss share agreement che risutlano effettivamente poco trasparenti nella loro dinamica:

FDIC: Press Releases - PR-2010 2/12/2010

 

[paologorgo]

Banks in Carson City, Nev., and Tacoma, Wash., become the 21st and 22nd FDIC-insured failures of the year, at a combined estimated cost to the Deposit Insurance Fund of $103.1M.

 

[superbaffone]

dove c'è fallimento c'è paologorgo, volteggia in alto in attesa di un fallimento

 

[paologorgo]

dove c'è fallimento c'è paologorgo, volteggia in alto in attesa di un fallimento

mi sto disintossicando... - ormai è un "mercato" inflazionato...