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Banks With High Ratio Of Uninsured Deposits

DepositGuy835
  |     |   21 posts since 2015

Where can I find what % of my bank's deposits are uninsured (above FDIC limits?

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Answers
Kaight
  |     |   1,192 posts since 2011
You need to check your bank's most recent call report. These are available on the net for any bank or credit union. There is a wrinkle:

Call reports are required to be filed quarterly by the financial institutions. Thus, the most recent call reports to which access today exists are the ones from Q4 of 2022. The far more telling Q1 2023 call reports will not be visible to us until April/May.
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DepositGuy835
  |     |   21 posts since 2015
Thanks. I have looked at the call report but I can't find total uninsured deposits and total deposits (or total insured deposits). What number lines are you looking at?
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Kaight
  |     |   1,192 posts since 2011
Agreed. This is not as simple as I was thinking. Full disclosure:

My own experience centers on checking call reports of credit unions. There the insured/uninsured numbers are transparent. But you're asking about banks.

I just checked my Ally Bank call report. Focus was on the "Deposits" section about 31 pages into the report. The data there does reference insured and uninsured deposits. But by no means is that data as transparent as it is for credit unions. Apparently it's more of a "do it yourself" process with the bank call reports. You have to study all the numbers and try to arrive at a conclusion.

More full disclosure:

Most of my money is in credit unions, so I don't have a lot of experience with deciphering the bank call reports.  My earlier thought that the bank and CU call reports would be equally transparent now appears to be in error.  Afraid you're on your own. Good luck.  Hope you can dig through all those numbers and ferret out what you need.  It would be so much easier if the banks simply gave us total insured deposits and total uninsured deposits.  Guess that is asking too much.  Maybe they don't even know.  Nothing would surprise me.
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FrankSavage
  |     |   45 posts since 2017
If your bank is publicly traded you may find some of what you're looking for in the annual 10K Financial Statement filed with the SEC. Look at the Consolidated Balance Sheet at Item 8. This report may not give you what you're looking for but it is a place to start. I would also check with the FDIC to see if they may produce the data you're interested in.
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choice1
  |     |   370 posts since 2023
A more important metric is “use of funds” required in securities offering. This SVB was not operating as a bank. And most on this site didn’t care and were only interested in CD rates. Quality always trumps quantity. So go explain to your significant other why “you” didn’t look before buying the CURRENT CDs you hold? And you’re still holding them!  When the fraud lawsuits start a clearer picture will emerge 
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MY2CENTSWORTH
  |     |   436 posts since 2016
If I understand your question correctly this site is great for that and has an interactive calculator for each individuals circumstances. This wouldn't be specific to your bank but deposit accounts, how they are titled and the number of beneficiaries. https://edie.fdic.gov/#LinkExt
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