Bank Failures Tend to Occur Most Often During Periods Of

Bank failures tend to occur most often during periods of:

A) stock market run ups when, like many companies, banks tend to be overvalued.
B) high inflation when the fixed rate loans of many banks cause their real returns to decrease.
C) recessions when many borrowers have a difficult time repaying loans and lending activity slows.
D) wars and other civil unrest.