Bank failures in 2023
5 FDIC-insured institutions failed in 2023.
| Bank | Location | Date | Deposits (pre-failure) | Assets (pre-failure) |
|---|---|---|---|---|
| Citizens Bank | Sac City, Iowa | November 3, 2023 | $52M | $60M |
| Heartland Tri-State Bank | Elkhart, Kansas | July 28, 2023 | $130M | $139M |
| First Republic Bank | San Francisco, California | May 1, 2023 | $176.4B | $212.6B |
| Signature Bank | New York, New York | March 12, 2023 | $88.6B | $110.4B |
| Silicon Valley Bank | Santa Clara, California | March 10, 2023 | $175.4B | $209.0B |
Transcribed from the FDIC BankFind Suite failures dataset. Deposit and asset figures are from the last quarterly Call Report filed before failure, not balances on the failure date.