Large Banks with Large Exposures to Uninsured Deposits (Q4 2024 Version)

Reposting with the list of banks ranked by the percentage of uninsured deposits, which mysteriously disappeared overnight.

Below is a screen showing the banks with total assets greater than $1 billion and where the ratio of uninsured deposits to total deposits is greater than 50 percent (as of Dec. 31, 2023 Call Report).

2024's first failed bank (Republic First of PA) was only #87 at 51.5 percent, so there are at least 86 additional banks at risk of a depositor run should they exhibit any weakness, as from CRE exposures or unrealized losses on securities.

Six banks with more than $100 billion in assets are above 50 percent.

- Bank of New York ($333 billion): 99.0 percent.
- State Street Bank ($293 billion): 89.3 percent.
- Citibank ($1.685 trillion): 73.9 percent.
- Northern Trust ($150 billion): 74.3 percent.
- HSBC Bank ($165 billion): 70.6 percent.
- JP Morgan Chase ($3.395 trillion): 51.5 percent.
- U.S. Bank ($651 billion): 50.3 percent.

Five more have more than $50 billion in assets.

- CIBC Bank ($55 billion): 65.5 percent.
- City National Bank ($93 billion): 56.7 percent.
- Banco Popular ($57 billion): 56.4 percent.
- Frost Bank ($ 51 billion): 52.8 percent.
- East West Bank ($69 billion): 51.7 percent.

The FDIC is going to need a bigger boat . . . .