by Bill McBride on 12/04/2010 08:33:00 AM
Saturday, December 04, 2010
Note: this is an unofficial list of Problem Banks compiled only from public sources.
Here is the unofficial problem bank list for Dec 3, 2010.
Changes and comments from surferdude808:
It was a very quiet week for the Unofficial Problem Bank List. There were two additions and one removal because of duplication.
The two additions were First Community Bank, Glasgow, MT ($219 million) and Monadnock Community Bank, Peterborough, NH ($110 million), which is the first institution from New Hampshire to appear on the Unofficial Problem Bank List. The duplicated entry was SouthBank, a Federal Savings Bank, Cornith, MS, which has relocated to Huntsville, AL.
The other change is the termination of a Prompt Corrective Action order by the OTS issued against Aurora Bank FSB, Wilmington, DE ($4.4 billion). After these changes, the Unofficial Problem Bank List includes 920 institutions with assets of $410.3 billion.
Posted by Bill McBride on 12/04/2010 08:33:00 AM