Of the seven failed banks, four were of $1 billion or more in assets under management. Two of the seven banks were not acquired by other institutions. Could it be that, after seeing 170 banks and credit unions fail this year, we’re starting to exhaust our supply of healthy institutions that can afford to acquire failures? The FDIC does a good job keeping us all apprised of how many “problem banks” we have in the U.S. (currently 552) Of those, of course, only a small percentage truly fail.”]
Source: https://www.bankinfosecurity.com/blogs/failed-banks-better-to-close-than-receive-p-393