Friday, November 08, 2013

Unofficial Problem Bank list declines to 661 Institutions

by Calculated Risk on 11/08/2013 10:38:00 PM

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

Here is the unofficial problem bank list for November 8, 2013.

Changes and comments from surferdude808:

Very quiet week for the Unofficial Problem Ban List with only one removal that pushes the institutions list count to 661 with assets of $228.8 billion. It has been since the middle of July 2013 when there was such few changes to the list.

A year ago, the list held 860 institutions with assets of $328.2 billion. Acacia Federal Savings Bank, Falls Church, VA ($631 million) found a merger partner in order to find a way off the list. Next week, we anticipate the OCC will release its enforcement action activity through mid-September 2013.