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Friday, December 23, 2011

Unofficial Problem Bank list declines to 973 institutions

by Calculated Risk on 12/23/2011 07:25:00 PM

Note: this is an unofficial list of Problem Banks compiled only from public sources.

Here is the unofficial problem bank list for Dec 23, 2011. (table is sortable by assets, state, etc.)

Changes and comments from surferdude808:

We were only half right on anticipations this week as we accurately anticipated no closings but inaccurately anticipated the FDIC would release its formal enforcement activities for November 2011. Thus, it was a quiet week with only one removal leaving the Unofficial Problem Bank List at 973 institutions with assets of $397.6 billion. A year ago, the list held 919 institutions with assets of $407.9 billion. The removal was CapitalBank, Greenwood, SC ($629 million), which merged on an unassisted basis with Park Sterling Bank, Charlotte, NC.
Earlier on November Home Sales:
New Home Sales increase in November to 315,000 SAAR
Home Sales: Distressing Gap
New Home Sales graphs