RSS Feed by Calculated Risk on 5/29/2009 03:54:00 PM
Friday, May 29, 2009
Market and FDIC Insured Banks with High NPAs
First the market graph from Doug:
| Click on graph for larger image in new window. The first graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears". Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500. |  |
TheStreet.com has a list of 89 banks to watch: Eighty-Nine U.S. Banks, Thrifts Lack Capital
Here are the banks with the highest percentage of Non-Performing Assets on TheStreet.com's list (note: Corus and Vineyard make the list)
| Bank | City | State | Assets (Millions) | Percent NPA |
|---|---|---|---|---|
| Community Bank of Lemont | Lemont | Ill. | $86 | 36.3% |
| Security Bank of Gwinnett County | Suwanee | Ga. | $322 | 34.14 |
| Corus Bank, NA | Chicago | Ill. | $7,626 | 32.78 |
| First Security National Bank | Norcross | Ga. | $137 | 32.7 |
| Union Bank, NA | Gilbert | Ariz. | $129 | 31.85 |
| First State Bank of Altus | Altus | Okla. | $105 | 28.48 |
| Southern Community Bank | Fayetteville | Ga. | $372 | 25.9 |
| First Piedmont Bank | Winder | Ga. | $124 | 25.17 |
| Neighborhood Community Bank | Newnan | GA | $213 | 23.24 |
| Bank of Lincolnwood | Lincolnwood | Ill. | $213 | 23.13 |
| McIntosh Commercial Bank | Carrollton | Ga. | $367 | 22.96 |
| Vineyard Bank, NA | Corona | Calif. | $1,856 | 22.22 |
| Florida Community Bank | Immokalee | Fla. | $980 | 21.8 |
| Security Bank of North Metro | Woodstock | Ga. | $224 | 20.96 |
