It's Bank Failure Friday!!!!
And here they are, ordered, and numbered for the year so far.
- Community National Bank at Bartow, Barlow, FL
- Independent National Bank, Ocala, Fl
- Imperial Savings and Loan Association, Martinsville, VA,
- Shore Bank, Chicago, IL
- Pacific State Bank, Stockton, CA
- Butte Community Bank, Chico, CA
- Los Padres Bank, Solvang, CA
- Sonoma Valley Bank, Sonoma, CA
After two slow weeks, we just tied the record for most bank closings this year.
Not pretty.
Full FDIC list
So, here is the graph pr0n with trendline (FDIC only):
I would note that are now at the point where the utility of the least squares trendline is diminishing, but I'm keeping it here for historical purposes.
No comments:
Post a Comment