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Fed says 1,804 banks and other institutions tapped emergency lending facility

About 95% of the borrowers, which included banks, credit unions, savings associations, and branches and agencies of foreign banks, had less than $10 billion in assets, the U.S. central bank said in its semi-annual Financial Stability Report. The Bank Term Funding Program, as it was called, was aimed at addressing a liquidity crunch after a run on deposits led to the failures of SVB and Signature Bank and forced financial authorities to stage a rescue of the sector.

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Westamerica Bancorporation Reports First Quarter 2024 Financial Results

18.04.2024 - SAN RAFAEL, Calif., April 18, 2024 (GLOBE NEWSWIRE) - Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2024 of $36.4 million and diluted earnings per common share ( EPS ) of .

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Bank-term-funding-program

US regional banks are still under pressure. That's likely to continue

US regional banks are still under pressure. That's likely to continue
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First Western Reports First Quarter 2024 Financial Results

First Western Reports First Quarter 2024 Financial Results
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Chemung Financial Corporation Reports First Quarter 2024 Net Income of $7.1 million, or $1.48 per share

Chemung Financial Corporation Reports First Quarter 2024 Net Income of $7.1 million, or $1.48 per share
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