2009-04-22

US Bank failures - statistical information

Before an year, I wrote this:
US Stock market / Gold cycles and bank failures 1928 - 2024
http://www.novini.net/2008/07/us-stock-market-gold-cycles-and-bank.html

...and before couple of months I wrote this:
US Bank failures - statistical information
http://nmmmnu.blogspot.com/2008/08/us-bank-failures-statistical.html
Now I am updating it...


Official information is here:
http://www.fdic.gov/bank/individual/failed/banklist.html


Now breakdown by year:
Year        Failures
2000 2
2001 4
2002 12 <- dot com?
2003 3
2004 4
2005 0
2006 0
2007 3
2008 26 <- subprime
2009 25


Peaks:

2002 - probably echo from dot com bubble?
2008 - subprime mess.

Note there are no bank failures in 2005 and 2006


Now chart:

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