by Bill McBride on 10/13/2012 06:00:00 PM
Saturday, October 13, 2012
This is an unofficial list of Problem Banks compiled only from public sources.
Here is the unofficial problem bank list for Oct 13, 2012. (table is sortable by assets, state, etc.)
Changes and comments from surferdude808:
As anticipated, minor changes were made to the Unofficial Problem Bank List this week. The First National Bank of Southern Kansas, Mount Hope, KS ($67 million) merged on an unassisted basis causing its removal. The other change was the Federal Reserve terminating the Prompt Corrective Action order against Sunrise Bank, Cocoa Beach, FL ($100 million).Earlier:
The list holds 872 institutions with assets of $334.9 billion. A year ago, the list had 979 institutions with assets of $403.8 billion.
Next week we anticipate the OCC will release its actions through mid-September 2012. Also, the FDIC will likely be back in the closure business before the month is over.
• Summary for Week Ending Oct 12th
• Schedule for Week of Oct 14th
Posted by Bill McBride on 10/13/2012 06:00:00 PM