The 96 US Banks, Excluding the Big Four Banks, With Stock Market Caps Above $1 Bil Posted Total US GAAP Net Income of $79.865 Bil in Annual 2022, Up 1876% From Such Income of $4.042 Bil in the US Financial Meltdown Year of 2008. But These Same 96 US Banks Reported Total Bottom Line Economic Losses of $40.458 Bil in Annual 2022, 239% Worse Than Such Losses of $11.947 Bil in 2008. Why Such an Incredible Divergence? Well, Predominately It Was That In Annual 2022, These 96 Banks Reported a Massive $120 Bil of Economic Losses Which Bypassed US GAAP Net Losses and Instead Were Buried in Annual 2022 Other Comprehensive Losses. These $120 Bil of Economic Losses Resulted From the Annual 2022 Decline in the Market Value of Their Available-For-Sale Debt Investment Securities, Due Predominately to the US Fed's Spastic Interest Rate Increases.

The 96 publicly-held US Banks with Stock Market Caps above $1 Bil and that disclosed its Financial Statements in both annual 2022 and in annual 2008 in its SEC filings reported Total Economic Losses of $11.947 Bil in annual 2008, the worst year for earnings for US Banks during the horrific 2008-2009 US Financial Meltdown.

So what happened in annual 2022?

Well, unfortunately these 96 US Banks posted Total Economic Losses of $40.458 Bil, predominately due to the US Fed's spastic interest rate actions which caused US Banks' Heavy Investments in Debt Securities to decline precipitously in value by $120 Bil just for their Available-For-Sale Debt Investment Securities in annual 2022.

In addition, 29 of these 96 Banks had material Unrecorded, Off-the-Books, Unrealized But Real Pretax Total Economic Losses of an additional $30.6 Bil at December 31, 2022 related to their Held-to-Maturity Debt Investment Securities.

From SEC filings, the table below shows this financial information for each of these 96 publicly-held US Banks.