23 July 2010

It's Bank Failure Friday!!!!

And here they are, ordered, and numbered for the year so far.
  1. Sterling Bank, Lantana, FL
  2. Crescent Bank and Trust Company, Jasper, GA
  3. Williamsburg First National Bank, Kingstree, SC
  4. Thunder Bank, Sylvan Grove, KS
  5. Community Security Bank, New Prague, MN
  6. SouthwestUSA Bank, Las Vegas, NV
  7. Home Valley Bank, Cave Junction, OR
Full FDIC list

Another 6 A 7 bank closing week, and we've broken 100 banks, and it is not yet August. we are certainly going to beat the tally of 140 for 2009. (Yes, I posted to soon, and needed to update)

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.


Post a Comment