"Community banks - generally small and locally focused institutions - are important sources of credit to small businesses. Since the 2007-2009 financial crisis, regulators have made significant changes to the regulatory environment. Chapter 1 examines the data regulators use to measure small...

Cover -- Title Page -- Copyright -- Contents -- Preface -- Introduction -- Additional Thanks -- Chapter 1: An Overview of the Bankruption -- Community Banking Has No Future -- Community Banking Relies Too Heavily on Physical Proximity -- Today, Data Proximity Yields Intimacy -- Data Proximity...

Annual time series data show that from 1790 through 2010 only about 1 percent of U.S. commercial banks failed each year on average. Many community banks, including mutual savings banks and local commercial banks, provided valuable intermediation services for decades before failing or, more...