Episode Details

The FDIC released a report titled “Dissecting Depositor Flight: An analysis of the Spring 2023 Bank Failures.” This report is about the three regional banks that failed during the Spring banking crisis of 2023. The three banks in question include Silicon Valley Bank (SVB), Signature Bank, and First Republic Bank (FRB). This report sought to examine the deposit flow of each back and attempts to determine if a ‘bank run’ is what caused their failure. The report found that the largest depositors were the ones that moved all their money and did it quickly. Small depositors that were covered by FDIC insurance moved very little money. The report analyzes how the deposits were moved via wires and ACH. Perhaps most alarming is that the research showed that all three banks lost a substantial number of deposits in a single day. SVB lost 50% of their deposits on May 6th. There is a lot for banks to learn and take away from this research about preparing for the next banking crisis. This episode examined a research report from the FDIC and an article from Banking Dive. A link to the FDIC report is included below.  

Link: Staff Studies 2026