Chart 2
Annual Failures of FDIC-Insured Commercial Banks
Remain Well Below Crisis Levels
| Year |
Failed Institutions |
| 1934 |
9 |
| 1935 |
26 |
| 1936 |
69 |
| 1937 |
77 |
| 1938 |
73 |
| 1939 |
59 |
| 1940 |
43 |
| 1941 |
15 |
| 1942 |
20 |
| 1943 |
5 |
| 1944 |
2 |
| 1945 |
1 |
| 1946 |
1 |
| 1947 |
5 |
| 1948 |
3 |
| 1949 |
5 |
| 1950 |
4 |
| 1951 |
2 |
| 1952 |
3 |
| 1953 |
4 |
| 1954 |
2 |
| 1955 |
5 |
| 1956 |
2 |
| 1957 |
2 |
| 1958 |
4 |
| 1959 |
3 |
| 1960 |
1 |
| 1961 |
5 |
| 1962 |
1 |
| 1963 |
2 |
| 1964 |
7 |
| 1965 |
5 |
| 1966 |
7 |
| 1967 |
4 |
| 1968 |
3 |
| 1969 |
9 |
| 1970 |
7 |
| 1971 |
7 |
| 1972 |
2 |
| 1973 |
6 |
| 1974 |
4 |
| 1975 |
13 |
| 1976 |
17 |
| 1977 |
6 |
| 1978 |
6 |
| 1979 |
10 |
| 1980 |
11 |
| 1981 |
7 |
| 1982 |
35 |
| 1983 |
46 |
| 1984 |
79 |
| 1985 |
118 |
| 1986 |
144 |
| 1987 |
201 |
| 1988 |
280 |
| 1989 |
206 |
| 1990 |
159 |
| 1991 |
108 |
| 1992 |
100 |
| 1993 |
42 |
| 1994 |
11 |
| 1995 |
6 |
| 1996 |
5 |
| 1997 |
1 |
| 1998 |
3 |
| 1999 |
7 |
| 2000 |
6 |
| 2001 |
3 |
| 2002 |
9 |
Source: FDIC Historical Statistics on Banking