According to ChainCatcher news, reported by Dailyhodl, the Federal Deposit Insurance Corporation (FDIC) stated in its quarterly bank profile report that the number of U.S. banks on its 'problem bank list' rose to 68 in the third quarter. The total assets held by problem banks increased by 3.9 billion dollars, reaching 87.3 billion dollars. Problem banks account for 1.5% of all banks, which is within the normal range of 1% to 2% for all banks during non-crisis periods.
At the same time, the amount of unrealized losses on bank balance sheets has decreased. As of the third quarter of this year, the bank's book losses reached 364 billion dollars, mainly due to the bank's involvement in the residential real estate and treasury bond markets. Unrealized losses represent the difference between the price paid by the bank for securities and the current market value of these assets. In the third quarter, the bank's book losses decreased by 148.9 billion dollars from 512.9 billion dollars in the second quarter.