As of 12/31/22, the Deposit Insurance Fund held $128.2 billion or a reserve ratio of 1.27% of all FDIC insured bank deposits. As recently as 10Q4, the fund had a negative balance due to bailouts during the 2008/09 recession. In 2019, the fund’s reserve ratio was 1.375% but declined due to massive Covid-induced savings. The recent SVB failure is the second largest bank failure in FDIC history behind only WaMu.