Friday, March 07, 2014

Unofficial Problem Bank list declines to 564 Institutions

by Bill McBride on 3/07/2014 09:25:00 PM

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

Here is the unofficial problem bank list for March 7, 2014.

Changes and comments from surferdude808:

Not many changes to report this week to the Unofficial Problem Bank List. After two removals, the institution count and asset total dropped to 564 and $180.1 billion. A year ago, the list held 805 institutions with assets of $296.4 billion.

Totals have declined for the past 67 consecutive weeks.

Removals include an action termination against Bank of Hampton Roads, Virginia Beach, VA ($1.6 billion Ticker: HMPR) and a merger for Park Cities Bank, Dallas, TX ($406 million). Next week should be quiet as well as the OCC likely will not release its update until March 21st.