by Bill McBride on 4/25/2015 08:15:00 AM
Saturday, April 25, 2015
This is an unofficial list of Problem Banks compiled only from public sources.
Here is the unofficial problem bank list for April 2015.
Changes and comments from surferdude808:
Update on the Unofficial Problem Bank List for April 2015. During the month, the list fell from 349 institutions to 342 after nine removals and two additions. Assets dropped by $1.2 billion to an aggregate $105.1 billion. A year ago, the list held 513 institutions with assets of $167.3 billion.
Actions were terminated against Orrstown Bank, Shippensburg, PA ($1.2 billion Ticker: ORRF); Atlantic Coast Bank, Jacksonville, FL ($709 million Ticker: ACFC); The Leaders Bank, Oak Brook, IL ($353 million); PrimeSouth Bank, Blackshear, GA ($326 million); The Exchange Bank, Skiatook, OK ($87 million); and Community Savings, Caldwell, OH ($68 billion). Finding their way off the list through merger were Colonial Bank, FSB, Vineland, NJ ($542 million Ticker: COBK); Baytree National Bank & Trust Company, Lake Forest, IL ($77 million); and Bank Reale, Pasco, WA ($38 million Ticker: BKRL).
The two additions this month were Lone Star National Bank, Pharr, TX ($2.2 billion) and Covenant Bank, Leeds, AL ($76 million).
Posted by Bill McBride on 4/25/2015 08:15:00 AM