Saturday, January 27, 2018

January 2018: Unofficial Problem Bank list declines to 101 Institutions

by Bill McBride on 1/27/2018 06:12:00 PM

Note: Surferdude808 compiles an unofficial list of Problem Banks compiled only from public sources.

Here is the unofficial problem bank list for January 2018.

Here are the monthly changes and a few comments from surferdude808:

Update on the Unofficial Problem Bank List for January 2018. The list had a net decline of two insured institutions to 101 banks. Likewise, aggregate assets had a small decline of $200 million to $20.7 billion. A year ago, the list held 163 institutions with assets of $43.5 billion.

Actions were terminated against First South Bank, Spartanburg, SC ($238 million) and Blue Grass Federal Savings and Loan Association, Paris, KY ($33 million). Heartland Bank, Little Rock, AR ($182 million) found their way off the list through a merger partner. Added this month was Jackson County Bank, Black River Falls, WI ($253 million).