Saturday, December 13, 2014

Unofficial Problem Bank list declines to 406 Institutions

by Bill McBride on 12/13/2014 08:09:00 AM

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

Here is the unofficial problem bank list for Dec 12, 2014.

Changes and comments from surferdude808:

As anticipated, there were few changes to the Unofficial Problem Bank List this week. After the removal of one bank, the list count is 406 institutions with assets of $123.9 billion. A year ago, the list held 641 institutions with assets of $219.4 billion.

The Ohio State Bank, Marion, OH ($85 million) was removed after if found a merger partner. Next week, we anticipate the OCC will provide an update on its enforcement action activities.
CR Note: The first unofficial problem bank list was published in August 2009 with 389 institutions. The list peaked at 1,002 institutions on June 10, 2011, and is now down to 406.