Interactive Map of Failed Banks – August 2010 Update

By Mike Shedlock on 08/07/2010 – 10:48 am PST -- Economy

Following is a visualization of bank failures this year. Friday’s failure of Ravenswood Bank in Chicago, Illinois (not shown). A quick look at the Texas Ratios and other data will show you why they failed. List is sorted by date. Hover over the fields in the list box for any bank that failed this year, to see bank assets, loans and leases, deposits, and much more data.

As is always the case with these interactive visualizations, Please give them an extra few seconds to load.

Nations banks
Nations banks

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Thanks to Ellie Fields and Ross Perez at Tableau Software for help with the display!

We hope to update this list every Monday or Tuesday going forward. Also I hope to have new Texas Ratios for all banks through the first quarter of 2010 sometime soon.

Note: A few state banks and S&Ls may not display on the list for lack of data. Here is the Failed Bank List from the FDIC.

Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com
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Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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