It's Bank Failure Friday!!!
We have the 5th bank failure of the year, Edgebrook Bank of Chicago, Illinois.
At this point last year, we had 6 failures.
There is a possibility, though not a probability, that total FDIC bank closures will remain in the single digits this year.
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So, here is the graph pr0n with last few years numbers for comparison (FDIC only):
First the yearly view:
And then a pic of the year so far:
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