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Quarterly Trends for Consolidated U.S. Banking Organizations 4th quarter 2022: Held-to-Maturity assets ~10% of assets. Remember, unrealized losses on available–for–sale and held-to-maturity securities totaled $620 billion in the 4th quarter.

Recipe for systemic stress for the broader banking system? Source: https://www.reddit.com/r/Superstonk/comments/12xf7he/quarterly_trends_for_consolidated_us_banking/ https://www.reddit.com/r/Superstonk/comments/125skvn/fdic_sends_supplemental_materials_to_consolidated/ Why are Held-to-Maturity assets interesting? Remember: * Unrealized losses on available–for–sale

Quarterly Trends for Consolidated U.S. Banking Organizations Fourth Quarter 2022. Asset growth turned negative, dropping from 1.28% in 2022:Q3 to -0.25% in 2022:Q4

Quarterly Trends for Consolidated U.S. Banking Organizations Fourth Quarter 2022 Federal Reserve Bank of New York Research and Statistics Group Source: https://www.newyorkfed.org/medialibrary/media/research/banking_research/QuarterlyTrends2022Q4.pdf Highlights: * Consolidated financial statistics for the U.S. commercial banking industry, including both bank holding companies (BHCs)

In February, year-over-year changes in home prices gained less than 5% for the first time since May 2020. Median existing-home price for all housing types in February was $363,000, a 0.2% drop from February 2022.

Ending a 131 consecutive months streak of year-over-year increases (longest on record.) Source: https://www.newyorkfed.org/research/home-price-index What did the housing data say in February? From the National Association of Realtors: * The median existing-home sales price decreased 0.2% from the previous year to $363,000. * Existing-home sales

SVB CEO Greg Becker, CFO Daniel Beck resign. SVB hired Alvarez & Marsal (A&M) as a restructuring advisor. The restructuring committee appointed Nicholas Grossi of A&M as the company's interim chief financial officer on April 20.

Source: https://www.sec.gov/ix?doc=/Archives/edgar/data/719739/000119312523110576/d377955d8k.htm Highlights: * SVB Financial Group's CEO and chief financial officer resigned while the failed bank's restructuring committee appointed a turnaround expert as interim CFO, according to a regulatory filing on today. * CEO Gregory

Inflation Alert! Governor Lisa Cook: "there is evidence that the path back to our low and stable inflation goal could be long and is likely to be uneven and bumpy."

"All of these measures have come off their peaks but remain elevated, suggesting that inflation has become broad based in the economy." Source: https://www.federalreserve.gov/newsevents/speech/cook20230421a.htm Highlights: * "there is evidence that the path back to our low and stable inflation goal could

-$71.8996 billion withdrawn from commercial banks in the last week (April 5th-April 12th). Since 2/22/2023, $511.37 billion in deposits have been pulled. $978.7387 billion in deposits has been pulled in the last year.

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

Assistant Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg on DeFi: "Treasury considers any DeFi service performing the functions of a covered financial institution to be subject to BSA obligations, including AML/CFT obligations"

"Treasury considers any DeFi service performing the functions of a covered financial institution to be subject to BSA obligations, including AML/CFT obligations, regardless of how decentralized" Remarks by Assistant Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg on DeFi Risk Assessment at the Atlantic Council Additional