Quarterly Banking Profile December 31, 2009
The FDIC Quarterly Banking Profile for the latest quarter ending December 31, 2009 continues to show a banking industry struggling with record levels of charge-offs and noncurrent loans.
Net Charge-offs And Noncurrent Loans At Record Levels
Net charge-offs for the fourth quarter of $53 billion increased by $14.4 billion over the same [...]

FDIC 2009 Third Quarter Banking Profile Depicts Troubled Banking Industry
The FDIC released its Quarterly Banking Profile today which shows continued deterioration in the financial performance of the banking industry during the third quarter of 2009.
The Quarterly Banking Profile depicts a banking industry that continues to struggle as shown by deteriorating loan quality, increased charge-offs, an [...]

Banking Industry - Recovery or Another Bailout?
The latest FDIC Quarterly Banking Profile shows a banking industry still in turmoil, as non performing loans reached all time highs.  The banking industry reported an aggregate net loss of $3.7 billion in the latest quarter ending June 30, 2009 compared to a year ago quarterly profit of $4.7 [...]

Quarterly Banking Profile, June 30, 2009
On August 27, 2009, the FDIC released their Quarterly Banking Profile for the Second Quarter of 2009.
The Banking Profile depicts a banking industry that continues to struggle as shown by deteriorating loan quality, an increased number of banks on the Problem Bank List, a declining FDIC Insurance Fund, aggregate losses [...]

Banking Failures Continue
Banks are facing numerous problems in the current banking crisis.   Mortgage defaults continue to rise to unprecedented levels, commercial loans are forecast to be the next black hole in bank balance sheets and loan volume continues to contract.
The FDIC has been closing banks at what appears to be a leisurely pace due to [...]

Quarterly Banking Profile, March 31, 2009
On May 27, 2009, the FDIC released their Quarterly Banking Profile for the First Quarter of 2009.
Highlights of the FDIC report include the following:

Banks reported earnings in the four quarter 61% lower than a year ago, earning a net profit of $7.6 billion.  This was a major recovery from the [...]

On April 22, 2009, the FDIC released their Quarterly Banking Profile for the Fourth Quarter of 2008.

Banks insured by the FDIC reported $32.1 billion in net losses for the fourth quarter 2008.  This was the first time since 1990 that the banks had a quarterly loss.  In the fourth quarter of 2007 the banking industry [...]

On November 25, the FDIC released their Quarterly Banking Profile for the Third Quarter of 2008.

Banks reported net income of $1.7 billion for the third quarter of 2008. This represents a decline of 94% from the third quarter of 2007.
Banks reported $7.6 billion of losses on sales of securities for the quarter, compared to a [...]