Saturday, June 12, 2010

Unofficial Problem Bank List: 760 Institutions

by Bill McBride on 6/12/2010 04:09:00 PM

This is an unofficial list of Problem Banks compiled only from public sources.

Here is the unofficial problem bank list for June 11, 2010.

Changes and comments from surferdude808:

Extremely quiet week for the Unofficial Problem Bank List as the OCC did not release its actions for May. No doubt that will happen next week.

Only three changes to report. There were two removals -- the failed Washington First International Bank ($521 million) and an action termination by the OCC against Mission Oaks National Bank ($187 million Ticker: MOKB).

The other change is an updated Prompt Corrective Action against Imperial Savings and Loan Association ($9.6 million).

The Unofficial Problem Bank List stands at 760 institutions with aggregate assets of $385 billion.
CR Note: A special thanks to surferdude808 for tracking all the institutions and compiling this list (no one else is doing this).