In the midst of high unemployment, the economy and fight even destroyed the country's property market closes the 157 bank failures, up to 140 in 2009. Recently, in 2006, before the bubble burst, there were none.
FDIC list of "problem" banks - those whose weaknesses "threaten their financial viability - was 860 by September 30, the highest since 1993. Historically, about one-fifth of banks on the watch list does not stop.
Bank failures have left the insurance fund the FDIC in the red, but the agency predicts it will have enough money to cover the expected cost of failure until 2014.
Since the economic crisis of recent years away, the FDIC is predicting that 2010 will be far to the north-west bank implosions.
"In the future, the FDIC expects to see fewer mistakes," agency spokesman Greg Hernandez.
Some industry observers agreed.
"I think we're on the mound of the problem, but far from final," said banking consultant Bert Ely.
Gary B. Townsend, owner of Hill-Townsend Capital, said the industry is not only out of the woods, "We are well beyond the forest."
By any measure, the sentence is already healing. On average, banks that have failed this year were much lower than banks that failed last year.
Overall, the banks and not in 2010 had assets of $ 92.1 billion, down 45.7 per cent of U.S. dollar 169.7 billion to banks that are not in 2009.
"It is very small institutions," said Townsend. "The total assets they represent is negligible compared to the entire financial system. It is very manageable."
Normally, banks are still not operating at near perfection. Usually have the support of other banks in transactions arranged by regulators. federal deposit insurance, so the Federal Deposit Insurance Corp. was appointed protects depositors against losses in the insurance limits.
Since the closure of IndyMac Bank has shaken the system in 2008, although uninsured deposits have been protected by more than 90 percent of the failures, Ely said. While applicants can not apply, borrowers may experience interruptions in its lines of credit, "he said.
The bank failures were generally of economic indicators. Economy may be better to give up the ailing banks.
Some of the biggest banks in the country survived as a result of government assistance are not included in the count of failures. In 2009, for example, the aid went to eight banks, including Countrywide and Bank of America. Their combined assets reached $ 1.9 trillion.
The list of failed institutions on the FDIC is filled with local banks which are not considered "too big to fail".
The loans, which has been reduced primarily commercial loans, Hernandez said that distinguish them from banking giants, whose problems were rooted in home mortgages.
About half of the failures of 2010 as banks based in four states: California, Florida, Georgia and Illinois.
List of four banks in Maryland Bay National Bank and Ideal Federal Savings Bank of Baltimore, Randallstown K Waterfield Bank and Bank of Germantown. There was one in Virginia, Imperial Savings and Loan Martinsville, and District.
September 30, the insurance fund for bank deposits FDIC had a negative balance of $ 8 billion. But that does not include provisions that the premiums paid in advance of the banking industry.
The Agency has predicted that bank failures to pay $ 52 billion until 2014, and has enough money to cover that, Hernandez said.
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