FDIC: Managing the Crisis: The FDIC and RTC Experience

Data for 12/31	1980	1981	1982	1983	1984
Number of Bank Failures	10	7	34	45	78
Assistance to Open Banks	1	3	8	3	2
Total Failed and Assisted Banks	11	10	42	48	80
Total Assets of Failed and Assisted Banks	$8,192.4	$4,947.4	$11,722.6	$7,191.7	$43,432.5
Estimated Losses on Failed and Assisted Banks*	$30.7	$781.8	$1,168.6	$1,407.4	$1,640.2
Estimated Losses as a % of Total Assets	0.37%	15.80%	9.97%	19.57%	3.78%
Assets in Liquidation	$1,791.8	$1,840.6	$2,155.1	$4,259.6	$10,299.8
FDIC Staffing	3,644	3,394	3,504	3,846	5,076
Number of Problem Banks	217	223	369	642	848
Bank Insurance Fund Balance	$11,019.5	$12,246.1	$13,770.9	$15,429.1	$16,529.4
Bank Insurance Fund Balance as a % of Insured Deposits	1.16%	1.24%	1.21%	1.22%	1.19%

1985 - 1989: FDIC at a Glance ($ in Millions)

Data for 12/31	1985	1986	1987	1988	1989
Number of Bank Failures	116	138	184	200	206
Assistance to Open Banks	4	7	19	79	1
Total Failed and Assisted Banks	120	145	203	279	207
Total Assets of Failed and Assisted Banks	$8,977.3	$8,069.1	$9,407.0	$53,899.4	$28,935.0
Estimated Losses on Failed and Assisted Banks*	$1,007.2	$1,775.7	$2,022.8	$6,920.5	$6,198.8
Estimated Losses as a % of Total Assets	11.22%	22.01%	21.50%	12.84%	21.42%
Assets in Liquidation	$9,731.3	$10,856.0	$11,339.9	$9,335.9	$25,930.6
FDIC Staffing	7,125	8,817	9,098	8,060	10,187
Number of Problem Banks	1,140	1,484	1,575	1,406	1,109
Bank Insurance Fund Balance	$17,956.9	$18,253.3	$18,301.8	$14,061.1	$13,209.5
Bank Insurance Fund Balance as a % of Insured Deposits	1.19%	1.12%	1.10%	0.80%	0.70%

1990 - 1994: FDIC at a Glance ($ in Millions)

Data for 12/31	1990	1991	1992	1993	1994
Number of Bank Failures	168	124	120	41	13
Assistance to Open Banks	1	3	2	0	0
Total Failed and Assisted Banks	169	127	122	41	13
Total Assets of Failed and Assisted Banks	$16,937.7	$64,635.0	45391.1	3828.9	1463.9
Estimated Losses on Failed and Assisted Banks*	$2,786.3	$6,136.1	3675.2	646.1	179
Estimated Losses as a % of Total Assets	16.45%	9.49%	0.081	0.1687	0.1223
Assets in Liquidation	$30,906.5	$43,258.3	43273.4	28015.1	16737.9
FDIC Staffing	14,348	13,972	15044	14220	11627
Number of Problem Financial Institutions	1,046	1,090	863	472	264
Bank Insurance Fund Balance	$4,044.5	-$7,027.9	-100.6	13121.6	21847.8
Bank Insurance Fund Balance as a % of Insured Deposits	0.21%	-0.36%	-0.0001	0.0069	0.0115

1995 - 1999: FDIC at a Glance ($ in Millions)

Data for 12/31	1995	1996	1997	1998	1999
Number of Bank Failures	6	6	1	3	8
Assistance to Open Banks	0	0	0	0	0
Total Failed and Assisted Banks	6	6	1	3	8
Total Assets of Failed and Assisted Banks	802.1	232.6	27.9	290.2	1592.2
Estimated Losses on Failed and Assisted Banks*	84.5	60.6	5	227.5	831.5
Estimated Losses as a % of Total Assets	0.1053	0.2605	0.1792	0.7839	0.5222
Assets in Liquidation	10308.2	8711.2	4114.6	2375.5	1981.5
FDIC Staffing	9789	9151	7793	7359	7266
Number of Problem Financial Institutions	193	117	92	84	79
Bank Insurance Fund Balance	25453.7	26854.4	28292.5	29612.3	29414.2
Bank Insurance Fund Balance as a % of Insured Deposits	0.013	0.0134	0.0138	0.0138	0.0136
Savings Insurance Fund Balance	3357.8	8888.4	9368.3	9839.8	10280.7
Savings Insurance Fund Balance as a % of Insured Deposits	0.0047	0.013	0.0136	0.0139	0.0145

2000 - 2003: FDIC at a Glance ($ in Millions)

Data for 12/31	2000	2001	2002	2003
Number of Bank Failures	7	4	11	3
Assistance to Open Banks	0	0	0	0
Total Failed and Assisted Banks	7	4	11	3
Total Assets of Failed and Assisted Banks	414.5	1821.8	2914.5	1138
Estimated Losses on Failed and Assisted Banks*	37.3	433.5	629.8	103.7
Estimated Losses as a % of Total Assets	0.09	0.238	0.2161	0.0911
Assets in Liquidation	535.5	573.4	1240.3	806.4
FDIC Staffing	6452	6167	5430	5311
Number of Problem Financial Institutions	94	114	136	116
Bank Insurance Fund Balance	30975.2	30438.8	32050.3	33782.2
Bank Insurance Fund Balance as a % of Insured Deposits	0.0135	0.0126	0.0127	0.0131
Savings Insurance Fund Balance	10758.6	10935	11746.7	12240.1
Savings Insurance Fund Balance as a % of Insured Deposits	0.0143	0.0136	0.0138	0.014

Last Updated 01/05/05

Home Contact Us Search Help SiteMap Forms
Freedom of Information Act (FOIA) Service Center Website Policies USA.gov