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There are twelve commercial banks, listed below, in the United States that on December 31, 2020, had over $250 Billion in total assets. If any of these banks failed due to mismanagement, it is highly likely that the regulators would step in to bail them out and not permit them to fail. [Among other affects, this would avoid wiping out the stockholders. I wish I had that kind of backing when I was running my businesses.]

What are some of the advantages this gives these twelve banks over banks that are not quite as large, say between $10 Billion in total assets to $250 Billion? What are some of the advantages this gives them over commercial banks that are considered community banks of less than $1 Billion in total assets? For either, should these advantages be allowed? If so, what should be done to encourage formation of super-large banks? If not, what should be done to prevent it?

Note that even among the largest twelve, the largest four are significantly larger. Citibank at #4 has $1.66 Trillion in assets and nearly $1.3 Trillion in deposits.

Twelve Largest Commercial Banks	(in $000)
Bank Name	Total Assets	Total Deposits
JPMORGAN CHASE BANK, NA	3,025,285,000	2,253,482,000
BANK OF AMERICA, NA	2,258,832,000	1,906,458,000
WELLS FARGO BANK, NA	1,767,808,000	1,479,499,000
CITIBANK, NA	1,661,507,000	1,282,071,000
U.S. BANK, NA	544,774,160	442,835,836
TRUIST BANK	498,944,000	395,781,000
PNC BANK, NA	463,097,309	380,920,825
TD BANK, NA	401,511,800	351,716,058
THE BANK OF NEW YORK MELLON	386,515,000	341,999,000
CAPITAL ONE, NA	363,521,558	303,536,222
STATE STREET BANK AND TRUST COMPANY	311,181,000	246,456,000
GOLDMAN SACHS BANK USA	271,652,000	217,310,000

(This is all one question, it's just very long. Also, please use in your own words, thank you)

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