A few years ago we paid $200,000 in FDIC insurance. Last year, $1,000,000+. Same size bank, essentially. This year we get to prepay 3 years of FDIC insurance. Goody!

SW is partially correct. Clients end up paying for the FDIC insurance in part. Commercial clients are directly charged, consumers through other fees and charges, but not directly. Our bank has eaten a number of these charges directly but we hope to recoup a portion of it over time.

The FDIC pool of money is not a static amount of money. Money flows in and out as needed. The increased line of credit will help smooth out any funding issues caused by large failures.

Didn't watch the video, but from what I get there is a loss sharing agreement involved. This is SOP nowadays. Lennar, a large home builder based in Florida, just purchase 40% of a $3.1B loan portfolio, with the aid of a loss share agreement and a loan for 80% of the purchase price at 0.00%.

Lots of big dollar folks with money on the sidelines stand to become rich if they buy right. Little guys, not so much, but there is opportunity.