Sunday, February 12, 2012

Unofficial Problem Bank list unchanged at 958 Institutions

by Bill McBride on 2/12/2012 09:25:00 AM

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

Here is the unofficial problem bank list for Feb 10, 2012. (table is sortable by assets, state, etc.)

Changes and comments from surferdude808:

Something new and unusual happened to the Unofficial Problem Bank List since its publication, the institution count was unchanged for two consecutive weeks. This week there were two removals and two additions, which leaves the list at 958 institutions. Assets were virtually unchanged as well at $389.6 billion. A year ago, the list held 944 institutions with assets of $412.95 billion.

The two removals that came from failure are SCB Bank, Shelbyville, IN ($200 million Ticker: BRBI) and Charter National Bank and Trust, Hoffman Estates, IL ($98 million). The two additions are Alliance Bank & Trust Company, Gastonia, NC ($216 million Ticker: ABTO) and United Bank of Philadelphia, Philadelphia, PA ($78 million). Next week, we anticipate the OCC will release its actions through mid-January 2012.
Summary for Week ending February 10th
Schedule for Week of February 12th