1,415 banks meet the criteria for persistent, unreported value destruction, and the data shows they are more likely to disappear, and to sell at a discount, than their peers ST. PAUL, Minn. — Sept. 8, 2026 — New research from Alloy Labs finds that 1,415 US banks, 31% of the nation's 4,559 FDIC-insured banks, are operating in what the report calls Quiet Failure Mode: a state of persistent, unreported value destruction that leaves a bank technically solvent but structurally beh