Saturday, February 02, 2013

Unofficial Problem Bank list declines to 822 Institutions

by Bill McBride on 2/02/2013 04:21:00 PM

Here is the unofficial problem bank list for Feb 1, 2013.

Changes and comments from surferdude808:

No failures this week as it looks like the FDIC will be watching the Super Bowl instead of determining insured depositors.

There were three removals this week from the Unofficial Problem Bank List. The removals leave the list at 822 institutions with assets of $308 billion. A year ago, the list held 958 institutions with assets of $389.6 billion.

The Federal Reserve terminated actions against Security Financial Bank, Durand, WI ($314 million) and Oregon Community Bank & Trust, Oregon, WI ($161 million). The other removal was Community Bank, Staunton, VA ($490 million Ticker: CFFC), which merged on an unassisted basis. Next week should be as quiet as the OCC will likely wait until the week of February 15th to release its actions through mid-January 2013.
Earlier:
Summary for Week Ending Feb 1st
Schedule for Week of Feb 3rd

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