If you look at the FDIC data for bank closures a lot of times the ultimate resolution is over 90% payback - the FDIC calls these "dividends". In some cases the payback is 100% to depositors and general creditors get some money. It just takes time - a 2009 bank failure may not finish dividend paybacks until 2014.

The odds are the FDIC will ultimately (in the next 5 years) wind down SVB's assets with enough excess to nearly cover all deposits. The amount the insurance fund will eat isn't likely to be very large.

The statement about an assessment on member banks is just how the fund works normally: whenever there's a large payout event exceeding normal reserves the fund recoups the money by assessing member banks.

> whenever there's a large payout event exceeding normal reserves the fund recoups the money by assessing member banks.

The point you are missing is that would be to pay the required excess to cover the 250K per depositor, but this is a bailout of all depositors money.