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Friday, December 16, 2011

It's Bank Failure Friday!!!!

And here they are, ordered, and numbered for the year so far.

  1. Premier Community Bank of the Emerald Coast, Crestview, FL
  2. Western National Bank, Phoenix, AZ
Well, we had a three week hiatus on bank closings, but we've seen some action again.

This breather does mean that this will be the first time since 2008, (25 closings) we will have less than 100 bank closings.

Of course, if you want to be a pissant about this, you could add in the credit union closings, which would take us into 3 figures, but I'm not quite that much of a pissant.

So, here is the graph pr0n with last years numbers for comparison (FDIC only):

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