The back-to-back failures of Silicon Valley Bank (SVB) and Signature Bank, as well as lingering uncertainties about the viability of First Republic Bank, have subjected regional lenders to heightened scrutiny. As others have chronicled, the confluence of three elements made for the perfect run-on-the-bank storm: 1) a backdrop of banks with significant asset-liability duration and liquidity mismatches (bond-heavy portfolios held against demand deposits); 2) a backdrop of multiple banks where a large fraction of deposit balances were in excess of FDIC coverage limits; and finally, 3) the Fed’s tardy and therefore unusually aggressive attempts to control inflation with rate hikes. Below, we query occam to evaluate how the resulting bank runs have affected consumer sentiment towards banks and preview what might lie ahead for the industry.