Annual Reports

A Case for Reforming Federal Deposit Insurance: Table 2

Published January 1, 1989

Number, Deposits and Assets of Insured Banks Closed Because of Financial Difficulties, 1934-1988


 

 

(in millions of dollars)

Year*

Banks Closed

Total Deposits

Total Assets

1934-39

52.5

49

57

1940-44

17.0

41

47

1945-49

3.0

6

6

1950-54

3.0

12

6

1955-59

3.2

9

8

1960-64

3.2

13

17

1965-69

5.6

44

52

1970-74

4.8

551

1,083

1975-79

10.4

475

564

1980

10

216

236

1981

10

3,826

4859

1982

42

9,908

11,632

1983

48

5,442

7,027

1984

79

2,883

3,276

1985

120

8,059

8,741

1986

138

6,471

6,992

1987

184

6,282

6,851

1988

200

n.a.

n.a.


Source: Federal Deposit Insurance Corporation

* Data reported for the years 1934-1979 are annual averages.

 

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