Another Busy Bank Failure Friday
Three banks this week, four last week, following a three week lull.
Not a trend by any means, but definitely not reassuring.
Here they are, numbered for your amusement
- Putnam State Bank, Palataka, FL
- Security Exchange Bank, Marietta, GA
- The Farmers Bank of Lynchburg, Lynchburg, TN
Full FDIC list
So, here is the graph pr0n with last years numbers for comparison (FDIC only):
I'm not sure if the little uptick means anything at all.
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