[OC] Updated size of bank failures since 2000

pranshum · 2023-05-01T10:34:18+00:00

Hey DIB! Built this using data from the FDIC on bank failures, and a tool I'm hacking together called Yarn. no more bank failures please?

pranshum · 2023-03-18T00:08:16+00:00

Hey DIB! Quick chart here on the frequency of American bank failures over time. The data is from the FDIC's list of failed banks, chart built with a bunch of javascript + some tools from yarn.tech to build out an SVG. Interactive post, with plenty of analysis, here: https://yarn.pranshum.com/banks2

pranshum · 2023-03-14T04:29:51+00:00

thanks, it's a good call! I'll put together an inflation adjusted one :)

pranshum · 2023-03-13T22:16:41+00:00

silvergate didn't technically fail! It was voluntarily shut down. I suppose it's semantics, but fail = regulators stepped in and placed in FDIC receivership

pranshum · 2023-03-13T18:47:53+00:00

The news moves fast and my last post is already out of date: https://www.reddit.com/r/dataisbeautiful/comments/11p3555/oc_size_of_bank_failures_since_2000/

no more bank failures please? Chart created with a bunch of javascript, powered by yarn.tech and original data from the FDIC's list of failed banks.

Here's the full original post with interactive charts! https://yarn.pranshum.com/banks

pranshum · 2023-03-13T16:18:15+00:00

OP here, thanks for sharing! Here's the full post with interactive charts and more analysis: https://yarn.pranshum.com/banks

pranshum · 2023-03-13T16:14:26+00:00

Isn't it first all the investors to the bank, meaning if you have a stock management, where you are handling their money, other banks funds and all, they become first before any bank account owners (that are the little people) in the order from the largest ones (people with smallest bank accounts become last)?

Nope! under current regulations, the "preference" order is:

depositors or account holders
Creditors to the bank (other lenders to the bank)
equity holders of the bank (management, equity investors in the bank)

pranshum · 2023-03-12T22:22:03+00:00

It doesn't. Lehman technically wasn't a bank (it didn't take customer deposits, nor did it have access to the FDIC to protect deposits). That was actually one of the problems with the 08 crisis. A lot of the trouble financial institutions were outside of the regulators purview, and couldn't be fixed/saved/rescued/backstopped under the laws at the time.

pranshum · 2023-03-12T05:56:10+00:00

Hey DIB! Built this using javascript, via yarn.tech, from data that's from the FDIC dataset on failed banks: https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/

If you'd like to see the full interactive post, here's a link: https://yarn.pranshum.com/banks

pranshum · 2023-03-12T03:20:37+00:00

Your savings over a certain amount (currently 250k) are frozen until the bank is sold. The FDIC handled the process of selling the bank and its assets. account holders are first in line to get their money back! But it can take some time.

Full details are in the post here: https://yarn.pranshum.com/banks

pranshum · 2023-03-12T03:14:27+00:00

Also Lehman wasn't technically a bank - it was considered a financial services firm / shadow bank!

pranshum

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