by Bill McBride on 11/26/2016 04:31:00 PM
Saturday, November 26, 2016
This is an unofficial list of Problem Banks compiled only from public sources.
Here is the unofficial problem bank list for November 2016.
Changes and comments from surferdude808:
Update on the Unofficial Problem Bank List for November 2016. During the month, the list remained unchanged at 173 institutions after one removal and one addition.
However, assets increased by $5.0 billion to $59.9 billion. Updating to third quarter 2016 asset figures added $477 million to the asset total.
A year ago, the list held 255 institutions with assets of $77.0 billion. This is the first monthly increase in the asset total since $405 million during January 2015 and the largest increase since a $17.2 billion increase during April 2011. The FDIC terminated its enforcement actions against Noah Bank, Elkins Park, PA ($320 million) and issued a new action against First NBC Bank, New Orleans, LA ($4.9 billion).
Posted by Bill McBride on 11/26/2016 04:31:00 PM