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FDIC: Number of Problem Banks Decreased in Q4 2024

Calculated Risk

percent) from 2023. The increase primarily occurred due to one-time events in 2023 and 2024 that led to lower noninterest expense (down $8.5 The increase primarily occurred due to one-time events in 2023 and 2024 that led to lower noninterest expense (down $8.5 percent, down 8 basis points from 2023. billion, up $14.1

Numbers 162
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Lessons of “Number Go Up”

The Big Picture

Recently, a post utterly perplexed me: “One doesn’t get a favorable impression of crypto from Number Go Up but in fact one doesn’t learn much about crypto at all. Thus, I was entertained by Number Go Up , but didn’t learn much.” Because Number Go Up technology means it’s going higher! Jury is still out.

Numbers 317
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Surprise! California’s 40 Qs of Rising Minimum Wage & Fast Food Industry Growth (Beating USA)

The Big Picture

To prove their point, a number of friendly commentators, academics, and hired guns all wrote endless white papers, Op-Eds and commentaries. But they made one super-sized mistake: they cheated with the numbers. from last September [2023], when the state backed a deal for the increased wages.” Our story began with a Wall St.

Food 306
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CoreLogic: 1.2 million Homeowners with Negative Equity in Q1 2023

Calculated Risk

From CoreLogic: CoreLogic: US Home Borrowers See First Annual Home Equity Losses Since 2012 in Q1 2023, but Overall Mortgage Performance Remains Strong CoreLogic®. today released the Homeowner Equity Report (HER) for the first quarter of 2023. In the first quarter of 2023, U.S. The report shows that U.S. The average U.S.

Numbers 363
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Two Bank Failures in 2024

Calculated Risk

The median number of failures since the FDIC was established in 1933 was 7 - so 2 failures in 2024 was below the median. There were five bank failures in 2023, however 3 of the failures were larger banks: First Republic Bank, San Francisco, CA, Signature Bank, New York, NY, Silicon Valley Bank, Santa Clara, CA.

Banking 258
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U.S. Births decreased in 2023

Calculated Risk

From the National Center for Health Statistics: Births: Provisional Data for 2023. The NCHS reports: The provisional number of births for the United States in 2023 was 3,591,328, down 2% from 2022. births per 1,000 women in 2023, a decline of 2% from 2022. births through 2023. The general fertility rate was 54.4

Numbers 298
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CoreLogic: 1.11 million Homeowners with Negative Equity in Q2 2023

Calculated Risk

today released the Homeowner Equity Report (HER) for the second quarter of 2023. As of the second quarter of 2023, the quarterly and annual changes in negative equity were: Click on graph for larger image. emphasis added The above graph is from CoreLogic and compares Q2 2023 to Q1 2023 equity distribution by LTV. .

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