by Bill McBride on 7/29/2016 08:33:00 PM
Friday, July 29, 2016
This is an unofficial list of Problem Banks compiled only from public sources.
Here is the unofficial problem bank list for July 2016.
Changes and comments from surferdude808:
Update on the Unofficial Problem Bank List for July 2016. During the month, the list fell from 203 institutions to 196 after seven removals. Assets dropped by $1.7 billion to an aggregate $58.9 billion. A year ago, the list held 290 institutions with assets of $83.9 billion.
Actions have been terminated against Ponce de Leon Federal Bank, Bronx, NY ($721 million); Pilot Bank, Tampa, FL ($230 million); Native American Bank, National Association, Denver, CO ($83 million); Georgia Heritage Bank, Dallas, GA ($74 million); and Century Bank of Florida, Tampa, FL ($74 million).
Finding merger partners were Tidelands Bank, Mount Pleasant, SC ($464 million Ticker: TDBK) and Calumet County Bank, Brillion, WI ($89 million).
Posted by Bill McBride on 7/29/2016 08:33:00 PM