$13 billion withdrawn commercial banks in the last week (April 27th-May 3rd). Since 2/22/2023, $540billion in deposits have been pulled. $1,008 billion in deposits has been pulled in the last year. It looks like the Bank run is back on
https://fred.stlouisfed.org/series/DPSACBW027SBOG
Domestically chartered commercial banks divested $87 billion in assets to nonbank institutions in the week ending March 29, 2023. The major asset item affected was the following: securities, $87 billion.
Domestically chartered commercial banks divested $87 billion in assets to nonbank institutions in the week ending March 22, 2023. The major asset items affected were the following: securities, $27 billion; and loans, $60 billion.
A little over a year ago (4/13/2022) the high was hit at $18,158.3536 billion
| Date | Deposits, All Commercial Banks (billions) |
|---|---|
| 4/13/2022 | $18,158.3536 |
| 2/22/2023 (Run picks up speed) | $17,690.9704 |
| 3/1/2023 | $17,664.6215 |
| 3/8/2023 | $17,601.9973 |
| 3/15/2023 | $17,427.6113 |
| 3/22/2023 | $17,259.8333 |
| 3/29/2023 | $17,195.0929 |
| 4/5/2023 | $17,255.8005 |
| 4/12/2023 | $17,177.0000 |
| 4/19/2023 | $17,198.0537 |
| 4/26/2023 | $17,163.8043 |
| 5/3/2023 | $17,150.0259 |
Folks have pulled $1,008. billion in deposits since 4/13/2022
Folks have pulled $540 billion in deposits since 2/22/2023
Folks have pulled $105 billion in deposits since 4/5/2023
TLDRS:
- Folks have pulled $1,008 billion in deposits since 4/13/2022
- Folks have pulled $540 billion in deposits since 2/22/2023
- Folks have pulled $105 billion in deposits since 4/5/2023
- Folks have pulled $13 billion in deposits 4/27-5/3
- It looks like the slow down was 'transitory' and the Bank run is picking up speed again...
