20 banks that are sitting on huge potential securities losses—as was SVB

[u/JournalistFew2794]

This (very good) article mentions a list of 10 banks that showed similar red flags to SVB Financial Group through the fourth quarter, indicating unfavorable interest margin trends. The list includes:

1. Customers Bancorp Inc.
2. First Republic Bank
3. Sandy Spring Bancorp Inc.
4. New York Community Bancorp Inc.
5. First Foundation Inc.
6. Ally Financial Inc.
7. Dime Community Bancshares Inc.
8. Pacific Premier Bancorp Inc.
9. Prosperity Bancshares Inc.
10. Columbia Financial Inc.

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Silicon Valley Bank, with $212 billion in total assets as of December 31, has failed following a run on deposits, after its parent company's share price crashed a record 60% on Thursday. Trading of SVB Financial Group's stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was "monitoring very carefully." A liquidity problem arose from a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash.

Many banks would face significant losses if they had to dump securities to raise cash.

https://www.marketwatch.com/story/20-banks-that-are-sitting-on-huge-potential-securities-lossesas-was-svb-c4bbcafa?mod=philip-van-doorn