While I was Clubbing, I Missed Bank Failure Friday

We had the 17^th bank failure of the year, Frontier Bank, FSB D/B/A El Paseo Bank, in Palm Desert, CA.

Not much to add, except that this is the clearly going to be the fewest FDIC closings in over 5 years.

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