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List of Largest US Bank Failures

• cs702 4y ago
  ...by total assets. Total assets is not necessarily a good proxy for systemic importance. What matters for systemic risk is to what extent a bank is interconnected with other financial institutions (e.g., which may depend on it to remain ongoing businesses). For example, if a bank has a large book of derivatives with many counterparties that is recorded in the balance sheet as a net asset with a tiny carrying value, its total assets would be a poor proxy for systemic importance. Also, keep in mind this list shows only banks, i.e., businesses offering traditional commercial loans and bank accounts insured by the FDIC. Other kinds of financial businesses, like, say, Lehman Brothers ($0.6T in assets when it filed for bankruptcy in 2008), are not shown on this list.