Sunday, June 17, 2012

Another Busy Bank Failure Friday

Three banks this week, four last week, following a three week lull.

Not a trend by any means, but definitely not reassuring.

Here they are, numbered for your amusement
  1. Putnam State Bank, Palataka, FL
  2. Security Exchange Bank, Marietta, GA
  3. The Farmers Bank of Lynchburg, Lynchburg, TN

Full FDIC list

So, here is the graph pr0n with last years numbers for comparison (FDIC only):



I'm not sure if the little uptick means anything at all.

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