Saturday, March 03, 2012

Unofficial Problem Bank list at 959 Institutions

by Bill McBride on 3/03/2012 06:54:00 PM

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

Here is the unofficial problem bank list for Mar 2, 2012. (table is sortable by assets, state, etc.)

Changes and comments from surferdude808:

Very quiet week for the Unofficial Problem Bank List. Only one bank was removed from an unassisted merger -- Brooklyn Federal Savings Bank, Brooklyn, NY ($459 million). The failure of Global Commerce Bank in Georgia surprisingly was not on the list; perhaps it was on double secret probation before it failed. Should anyone be aware of an enforcement action against Global send it along. So the list stands at 959 institutions with assets of $385.4 billion. Assets dropped by $3.8 billion with the release of year-end financials by the FDIC. Also with that release, the FDIC said the Official Problem Bank List had 813 institutions with assets of $319 billion. Next week will likely not have many changes as well.
Earlier:
Summary for Week ending March 2nd
Schedule for Week of March 4th

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