IndyMac numbers
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Jul 19, 2008 20:26:17
Upon reaching 'Critically Undercapitalized' liquidity and reserve requirements status (less than 2%), IndyMac was closed by the Office of Thrift Supervision and seized by the FDIC. At the time (July 11), this is what they looked like:
- Total assets: $32.01B
- Total deposits: $19.06B
- Size of depositor bank run before reaching 'Critically Undercapitalized' status: $1.3B (6.8% of total deposits)
- Projected uninsured depositor loss: $1B (5.2% of total deposits)
And some numbers from 4,004 banks that failed in 1933: - Combined deposits at all failed banks: $3.60B (Inflation adjusted to 2008: $54.23B)
- Combined bank run size causing failure: $0.39B (Inflation adjusted to 2008: $5.96B) (11% of total deposits)
- Total depositor loss after government intervention: $0.54B (Inflation adjusted to 2008: $8.13B) (15% of total deposits)
garth[at]tunnel19[dot]com
Generated on: Tue Sep 7 19:05:32 PDT 2010