Uncovering the Top 5 Uninsured Regional Banks in the U.S.

The collapse of two major US banks over several days drew attention to the balance sheets of other mid-cap lenders.

In this regard, Reuters published in its English version a list of the five regional lenders in the United States with the largest volume of uninsured deposits:

– “First Republican Bank” – First Republican Bank

Uninsured deposits amounted to $119.5 billion.

The share of uninsured deposits in the total amount of deposits is 68%.

Unrealized losses on available-for-sale investment securities as at 31 December: $471 million.

– Dynamics of shares from the beginning of the month to the close of Friday fell by 33.5%.

Recent Developments Receive additional funds from JPMorgan Chase & Co. The bank says it has over $70 billion of unused capital.

Comerica Bank

Uninsured deposits, $45.5 billion.

The share of uninsured deposits in the total amount of deposits is 62%.

Unrealized losses on available-for-sale investment securities as of December 31 – $3.03 billion.

– Shares were down 16.1% from the beginning of the month to Friday’s close.

Western Alliance Bank

Uninsured deposits, $31.1 billion.

The share of uninsured deposits in the total amount of deposits is 58%.

Unrealized losses on investment securities available-for-sale as at 31 December – $674.9 million.

Equity returns dropped 16.1% in the month leading up to Friday’s close.

Recent events confirm the full-year deposit growth forecast from 13% to 17% following the crisis at Silicon Valley Bank.

Zions Bank

Uninsured deposits, $37.6 billion

The share of uninsured deposits in the total number of deposits is 53%.

Unrealized losses on available-for-sale investment securities as of December 31: $1.63 billion.

– This month before the stock closing date on Friday, up 20.3%.

Sinovus Bank

Uninsured deposits, $25.1 billion

The share of uninsured deposits in the total number of deposits is 51%.

Unrealized losses on available-for-sale investment securities as of December 31: $1.6 billion.

– This month the stock performance to close Friday, down 17%.

Source: Reuters

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