Only 92 bank failures

[Kevin Yeats]

The FDIC closed 2 more banks on 12/16. Unless the FDIC wants to play Scrooge and close 8 more banks before the end of the year, it does NOT look like we will hit the century mark unlike the last 2 years (140 in 2009 and 157 in 2011).

Of course the assets in these failed banks are up over prior years.