Bank Failures | |
---|---|
2000 | 2 |
2001 | 4 |
2002 | 11 |
2003 | 3 |
2004 | 4 |
2005 | 0 |
2006 | 0 |
2007 | 3 |
2008 | 25 |
2009 | 140 |
2010 | 157 |
2011 | 92 |
2012 | 51 |
Number of Bank Failures
Sources:
fdic.gov
Bank Failures | |
---|---|
2000 | 2 |
2001 | 4 |
2002 | 11 |
2003 | 3 |
2004 | 4 |
2005 | 0 |
2006 | 0 |
2007 | 3 |
2008 | 25 |
2009 | 140 |
2010 | 157 |
2011 | 92 |
2012 | 51 |
After the financial crisis in 2008, banks began closing their doors as they went out of business and were acquired. The number of bank failures in the U.S. peaked in 2010 with 157 banks failing. The trend is reversing but there were still a staggering 51 bank failures in 2012.