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Saturday, April 14, 2012

Unofficial Problem Bank list declines to 944 Institutions

by Calculated Risk on 4/14/2012 04:40:00 PM

This is an unofficial list of Problem Banks compiled only from public sources.

Here is the unofficial problem bank list for April 13, 2012. (table is sortable by assets, state, etc.)

Changes and comments from surferdude808:

We thought there was a chance for the OCC to release its actions through mid-March but we will have to wait until next week for that press release. As a result, it was quiet week for the Unofficial Problem Bank List with no failures, three removals, and one addition. These changes leave the list at 944 institutions with assets of $375.3 billion. A year-ago, the list held 978 institutions with assets of $429.4 billion. The three removals are for action termination and include Los Alamos National Bank, Los Alamos, NM ($1.5 billion); Empire National Bank, Islandia, NY ($340 million Ticker: EMPK); and Mountain Pacific Bank, Everett, WA ($118 million). The addition was Parke Bank, Sewell, NJ ($790 million Ticker: PKBK).
Summary for Week Ending April 13th