Dennis Santiago's Page

In case you didn't see it, the last few days have seen some interesting things happen over in FDIC land.

Last week, the FDIC took down two micro banks. These small institutions basically imploded in one quarter, a pattern that has not been the norm in terms of bank closures. Most are allowed to struggle along for as many as 5 to 8 quarters before facing the inevitable. These are different. Disaster strikes quickly. The pattern first appeared with the demise of La Jolla Bank in

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During 2009, C&I loans outstanding by large institutions declined from $1,200B to $953B between 12/2008 and 12/2009 confirming the Federal Reserve’s observation of a 20% contraction in lending. Of note, this shrinkage is equal in magnitude to the lending of the entire mid and small bank lending base. During the same period, the under $10B asset banks went from $310.8B to $281B in C&I loans outstanding, an estimated contraction of only 9.5% based on an IRA examination of the universe of F… Continue

With over 7,200 CALL reports now captured and analyzed from the FDIC's Central Data Repository by IRA, the results are in for the first quarter of 2010. Despite the high intrigue of Washington politics and the grass roots displeasure across the nation, it remained business as usual for the big four banks as far as Main Street's deposits were concerned.

Deposits at J.P. Morgan Chase actually gained about $4 billion for the quarter which amounts to a mere 2/3'rds of a percent of

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On December 29, 2009, MoveYourMoney.info came online on the internet. The concept became a media phenomenon and the zip code tool search application I found myself literally programming on the kitchen table during the holidays became one of the early killer apps of 2010. Traffic spikes more akin to a media site came into IRA's servers which had until then been optimized to automate operations & maintenance timelines for professional users. By mid-quarter 100% of all zip codes where an FDI

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For your research use, here's a link to the Institutional Risk Analytics forensic reports summary page on the banks that have been closed by the FDIC since the beginning of 2008. The list items are clickable to view the individual histories of these banks in the operating periods prior to their failures.

http://us1.irabankratings.com/pub/Forensic.asp

Enjoy.

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