IMOVE BLOG
  • iMove Chicago
  • Real Estate School
  • Laws
    • CRLTO >
      • 5-12-010 Title, Purpose And Scope.
      • 5-12-020 Exclusions.
      • 5-12-030 Definitions.
      • 5-12-040 Tenant Responsibilities.
      • 5-12-050 Landlord’s Right Of Access.
      • 5-12-060 Remedies For Improper Denial Of Access.
      • 5-12-070 Landlord’s Responsibility To Maintain.
      • 5-12-080 Security Deposits.
      • 5-12-081 Interest Rate On Security Deposits.
      • 5-12-082 Interest Rate Notification.
      • 5-12-090 Identification Of Owner And Agents.
      • 5-12-095 Tenants’ Notification of Foreclosure Action.
      • 5-12-100 Notice Of Conditions Affecting Habitability.
      • 5-12-110 Tenant Remedies.
      • 5-12-120 Subleases.
      • 5-12-130 Landlord Remedies.
      • 5-12-140 Rental Agreement.
      • 5-12-150 Prohibition On Retaliatory Conduct By Landlord.
      • 5-12-160 Prohibition On Interruption Of Tenant Occupancy By Landlord.
      • 5-12-170 Summary Of Ordinance Attached To Rental Agreement.
      • 5-12-180 Attorney’s Fees.
      • 5-12-190 Rights And Remedies Under Other Laws.
      • 5-12-200 Severability.
    • Illinois Eviction Law (Forcible Entry And Detainer)
    • Illinois Security Deposit Return Act
  • Today's Cool Thing
  • Social Media
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • Flipboard
    • Linkedin
    • Tumblr
    • Mix

Bank weaknesses increase in first quarter

6/1/2023

0 Comments

 
Picture
FDIC releases startling new analysis.

​The number of banks with financial, operational or managerial weaknesses increased during the first three months of this year, according to the Federal Deposit Insurance Corp.

The FDIC said on Wednesday that the number of lenders on its confidential “Problem Bank List” increased by four to 43 between January and March. The total assets held by those lenders rose to $58 billion from $10.5 billion in the previous period, the regulator said in its Quarterly Banking Profile.

Although the number of firms on the FDIC’s list remains relatively low compared with historical highs, it’s a reversal in a trend of several consecutive quarters of declines. Wednesday’s report spans a period in which three US banks buckled, including Silicon Valley Bank and Signature Bank.

According to the FDIC, banks are placed on the problem bank list based on a key risk measure known as CAMELS. The score is based on a 1-through-5 scale, with 5 being the worst. Banks that are included have a score of 4 or 5, the regulator said.

Still, FDIC Chairman Martin Gruenberg said that the banking system remained strong. “Despite the recent period of stress, the banking industry has proven to be quite resilient,” he said in a statement. “The most lasting effects of the industry’s response to that stress may not become apparent until second quarter results,” he added.

In its report, the FDIC said banks had an “elevated level of unrealized losses on investment securities” due to increases in market interest rates. However, those losses on available-for-sale and held-to-maturity securities declined by 16.5% from the prior period to $515.5 billion, the regulator said. The watchdog said it was “closely monitoring liquidity and access to funding across the banking industry.”

Overall, banks earned more interest from loans, but they also had to pay more to depositors, which on balance led to a decline in the industry’s net interest margin, according to the regulator. The FDIC said total deposits dropped 2.5% from the fourth quarter of 2022 to $18.7 trillion — it was the largest reduction since the agency began collecting the data in 1984.

Silvergate Capital Corp. kicked off a wild three months in the banking sector on March 8 when it announced plans to wind down operations and liquidate its bank. Just two days later, Silicon Valley Bank collapsed into what was then the second-biggest failure in US history. Then on March 12, financial regulators closed Signature Bank and declared it to have failed.
​
The FDIC said that the amount of money in its bedrock insurance fund declined $12.1 billion to $116.1 billion at the end of the first quarter. The regulator dipped into the fund to make all depositors whole at SVB and Signature Bank and has proposed a measure to help replenish the fund by charging banks a special assessment fee.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.


    iMove Chicago

    iMove Chicago is a full service real estate brokerage.  We are comprised of a team of brokers, leasing agents, dedicated support staff and professionals focused exclusively on delivering the results you demand, deserve, and expect. We bring knowledge, dedication and customer service to all we do. We provide you the information you need with accurate, updated listings that are available if posted. You can rely on iMove's professional, experienced team to help you make informed purchase, rental or sale decisions. At iMove Chicago, we believe that results matter and knowledge delivers.  iMove's team is "bringing Chicago home..."  Together, let's get moving!


    Our Offices

    4422 N Ravenswood Avenue
    Chicago, Illinois 60640


    Ph.  773.856.6200
    Fx.   773.856.6201


    Rusty Payton, EzineArticles Basic Author

    iMove

    Categories

    All
    1601 W Chase Unit 2e
    #1 Im Chicago Real Estate
    2012 Interest Rate
    2800 Lake Shore Drive Apartment For Rent
    $31 Million Apartment
    5415 N. Sheridan Chicago
    Agents
    Agent Safety
    Andersonville
    Andersonville Apartments
    Andersonville Condo Purchase
    Andersonville Farmer's Market
    Andersonville Midsommerfest 2012. Chicago Apartments
    Andersonville Real Estate
    Andersonville Shops
    Andersonville Summer Festival
    Andersonville Wine Walk
    Ann Sather Edgewater
    Apartment Demand Slows
    Apartment Rentals In Andersonville
    Apartments For Rent
    Apartments In Andersonville
    Apartments In Edgewater
    Appeal Chicago Real Estate Taxes
    Art In Andersonville
    Asia On Argyle
    At Properties
    Avondale
    Bark In The Park
    B&B Chicago
    Bed And Breakfast Chicago
    Belly Card Chicago
    Bike Chicago 2012
    Bloomingdales
    Bongo Room
    Breakfast In Edgewater
    Bucky Gear
    Burner App
    Business Card Design
    Buy Owner Closes
    Carbon Monoxide Detectors In Chicago
    Certified Fund To Close
    Chase Bank
    Chicago
    Chicago Apartment
    Chicago Apartments
    Chicago Apartments And Satellite Dish Ordinance
    Chicago Apartments For Rent
    Chicago Apartment Vacancy Rates
    Chicago Bed Bug Ordinance
    Chicago Bed Bugs
    Chicago Building Data
    Chicago City Sticker 2012
    Chicago Farmer's Markets
    Chicago Fire At Park Tower
    Chicago Floor Plans
    Chicago Foreclosure
    Chicago Gangs
    Chicago Lakefront
    Chicago Lease Form
    Chicago Library Edgewater
    Chicago Loan Modification
    Chicago Lofts
    Chicago Neighborhoods
    Chicago Parking Meters
    Chicago Parking Spaces
    Chicago Police District Map
    Chicago Property Tax Assessment Appeal
    Chicago Property Taxes 2015
    Chicago Real Estate Agents
    Chicago Retail Stores
    Chicago Service Dogs And Renting
    Chicago Street Sweeping Schedule
    Chicago Summer Festival Guide
    Chicago Swimming Pools
    Chipotle
    Chris Feurer
    City Sticker
    Coldwell Banker
    Comunity Alert
    Condominium Assessment Post Foreclosure
    Credit Card Surchaege
    Credit Report
    Credit Reports
    Crlto
    Cta
    Dalai Lama
    Debtor's Prison
    Dogs
    Edgewater
    Edgewater Community Council
    Edgewater Gay
    Edgewater Library
    Edgewater Lofts
    Elmwood Park Single Family Home
    Eminent Domain And Mortgage Seizure
    Erickson Ocasio Imove Chicago
    Esgewater
    Fico Score
    Foreclosure
    Foreclosure Information For Renters
    Great Dane
    Halloween In Chicago
    Hamilton's Bar & Grill
    Hamp
    Haunted House
    High Rise Fires
    Homes For Under $200 Month
    Homestead Exemption
    Hot Dogs. Huey's Andersonville
    Hotel Chateau Chicago
    Hotels Skokie Evanston B&B
    Housing Recovery
    I-go Cars
    Illinois Community Association Manager Licensing
    Illinois Loan Modification
    Imove Chicago
    Imove Chicago Agents
    Interest Rate On Security Deposits
    Interviewing Agents
    Jameson
    Jameson Real Estate
    Jameson Sotheby
    Joe Berrios
    Jumbo Mortgage Rates
    Keller Williams
    La Fitness Edgewater
    Lakeview Chicago Apartments For Rent
    Landlords
    Lease Break
    Leasing Agents
    Liability Insurance
    Lincoln Park
    Lincoln Park Chicago Apartments For Rent
    Lincoln Park Single Family Home For Rent
    Loan Modification
    Loan Modification Scam
    Loft Chicago
    Loft Living
    Lofts
    Lofts For Rent
    Logan Square
    Loop And Downtown Chicago Apartments For Rent
    Loyla
    Loyola Student Housing
    Machael Sato
    Michael Sato
    Mobile Do Not Call List
    Mortgage Fraud
    Movies Inthe Park 2012
    National Bank
    News
    Old Town Chicago Lofts For Rent
    Online Marketing Chicago Real Estate
    Panera
    Parade Route
    Parking
    Parking In Andersonville
    Parks
    Phone Apps
    Planter Heads Mag Mil
    Property Of The Week
    Property Tax Bills 2012
    Property Taxes
    Property Taxes Too High
    Prudential Rubloff
    Ranjha V Bjbp
    Real Estate
    Real Estate Sales In Chicago
    Real Estate School
    Real Estate School Chicago
    Real Estate Taxes
    Realtor Prortraits
    Recycling
    Rental Market In Chicago
    Renter
    Renter's Insurance
    Renters Right To Install Satellite Dish
    Rent Increases
    Renting
    Rent Vs. Own
    River North Chicago Apartments For Rent
    River West Chicago Apartments For Rent
    Rogers Park
    Rogers Park Apartments
    Rogers Park Chicago Apartments For Rent
    Rogers Park Map
    Rogers Park Neighborhood Of The Year
    Roost Chicago
    Sales
    Sales Tips
    Section 9(g)(4) Illinois Property Condominium Act
    Security Deposits
    Selecting An Agent
    Sheridan Road Apartments
    Shoplifting
    Shopping Mag Mile Places To Stay
    Single Family Homes For Rent In Evanston
    Single Family Homes For Rent In Lakeview
    Single Family Homes For Sale In Edgewater
    Single Family Homes In Andersonville For Sale
    Sliders
    Social Media And You
    Solutions To The Parking Meter Mess
    South Loop Chicago Apartments For Rent
    Square And Imove
    Staging
    Starbucks
    Starbucks Edgewater Shipping Containers
    Strreeterville Chicago Apartments For Rent
    "three Dog Night"
    Trader Joe's Andersonville Edgewater
    Trulia
    Twitter For Business In Chicago
    Uptown
    Urban Living
    Vacancy Rates In Chicago
    Virgin Mobile Andersonville
    White Castle Food Truck
    Wicker Park
    Wilson Red Line Uptown
    Working With A Rental Agent
    Yelp
    Zebras

    Archives

    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    April 2015
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    November 2011
    May 2011
    March 2011
    February 2011
    September 2010
    August 2010
    July 2010
    April 2010
    March 2010
    December 2009
    September 2009
    August 2009
    July 2009
    June 2009
    May 2009
    March 2009

Powered by Create your own unique website with customizable templates.
  • iMove Chicago
  • Real Estate School
  • Laws
    • CRLTO >
      • 5-12-010 Title, Purpose And Scope.
      • 5-12-020 Exclusions.
      • 5-12-030 Definitions.
      • 5-12-040 Tenant Responsibilities.
      • 5-12-050 Landlord’s Right Of Access.
      • 5-12-060 Remedies For Improper Denial Of Access.
      • 5-12-070 Landlord’s Responsibility To Maintain.
      • 5-12-080 Security Deposits.
      • 5-12-081 Interest Rate On Security Deposits.
      • 5-12-082 Interest Rate Notification.
      • 5-12-090 Identification Of Owner And Agents.
      • 5-12-095 Tenants’ Notification of Foreclosure Action.
      • 5-12-100 Notice Of Conditions Affecting Habitability.
      • 5-12-110 Tenant Remedies.
      • 5-12-120 Subleases.
      • 5-12-130 Landlord Remedies.
      • 5-12-140 Rental Agreement.
      • 5-12-150 Prohibition On Retaliatory Conduct By Landlord.
      • 5-12-160 Prohibition On Interruption Of Tenant Occupancy By Landlord.
      • 5-12-170 Summary Of Ordinance Attached To Rental Agreement.
      • 5-12-180 Attorney’s Fees.
      • 5-12-190 Rights And Remedies Under Other Laws.
      • 5-12-200 Severability.
    • Illinois Eviction Law (Forcible Entry And Detainer)
    • Illinois Security Deposit Return Act
  • Today's Cool Thing
  • Social Media
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • Flipboard
    • Linkedin
    • Tumblr
    • Mix