Saturday, November 26, 2016

November 2016: Unofficial Problem Bank list unchanged at 173 Institutions

by Bill McBride on 11/26/2016 04:31:00 PM

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).