U.S. Bank Failures and Local Economic Conditions, 2007-2010

The Federal Reserve Bank of St. Louis dataset analyzes characteristics and geographic patterns of U.S. bank failures during the 2007-2010 financial crisis. It compares this period to the 1987-1992 crisis, finding failures concentrated in regions with severe real estate distress and economic decline. The data likely contains information on 206 failed banks holding $373 billion in deposits.

Use Cases

• Analyzing regional patterns of bank failure rates based on local economic shocks.
• Comparing characteristics of failed banks across two major financial crises (2007-2010 vs. 1987-1992).
• Modeling bank vulnerability to localized real estate market distress.
• Studying the persistence of geographic concentration in bank failures despite deregulation.

Strengths

• Provides a specific count of 206 federally insured bank failures between January 2007 and March 2010.
• Includes a concrete figure for total deposits held by failed banks: $373 billion.
• Offers a comparative analysis across two distinct historical periods (2007-2010 and 1987-1992).

Limitations

• Column names and dataset structure are unknown, limiting detailed feature analysis.
• The license is listed as 'closed', restricting reuse and distribution.
• Metadata such as row count, size, and last update date is missing from all sources.

Provenance

Source

Federal Reserve Bank of St. Louis, authored by Craig P. Aubuchon.

Collection Method

Likely compiled from Federal Deposit Insurance Corporation (FDIC) and other regulatory sources.

Time Range

Primary analysis covers 2007-2010, with comparative data for 1987-1992.

Geography

United States, with a focus on regional patterns.