The FDIC's 1st quarter banking report
is reviewed in this Wall Street Journal article
. The FDIC reported 775 banks (10% of all US banks) were on the FDIC's "problem" bank list. One interesting thing mentioned in the article was that lending for the first quarter wasn't as encouraging as the FDIC reported:
Without taking into account these accounting changes, lending would have declined for the seventh straight quarter, as banks cut back across most major lending categories.
The FDIC also reported a growth in deposits of 1.3% ($70.0 billion) during the first quarter. I'm afraid deposit growth combined with less lending isn't good for deposit interest rates.