Here is the unofficial problem bank list for January 24, 2014.
Changes and comments from surferdude808:
A bank failure, several action terminations, and a merger reduced the institutions count on the Unofficial Problem Bank List to an even 600. The removals caused a $1.9 billion decline in assets to $197.9 billion. A year ago, the list held 825 institutions with assets of $309 billion.
Actions were terminated against United Bank & Trust Company, Versailles, KY ($537 million Ticker: FFKT); CFBank, Fairlawn, OH ($245 million); and Mid America Bank, Janesville, WI ($100 million). Mountain 1st Bank & Trust Company, Hendersonville, NC ($675 million Ticker: FFIS) found its way off the list through an unassisted merger. For the second consecutive week there was an exit through failure as The Bank of Union, El Reno, OK ($331 million). It has been since August 2013 when failures occurred on consecutive weeks.
Next week, we anticipate the FDIC will release its enforcement action activity through year-end 2013.