Journal Article

Birth, growth, and life or death of newly chartered banks


Abstract: Thousands of new commercial banks have been chartered in the U.S. over the past two decades. This article documents how the financial characteristics of new banks evolve over time, develops a simple theory of why and when new banks fail, and tests the theory using a variety of methods.

Keywords: bank charters; Bank failures;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 1999

Volume: 23

Issue: Q III