Calculated Risk blog has updated its Unofficial Problem Bank List
. Excerpts from the change summary:
FDIC released its enforcement action activity through August 2012 and closed a bank this week leading to many changes in the Unofficial Problem Bank List. In total, there were 12 removals and eight additions that leave the list with 874 institutions with assets of $334.9 billion.
One of the 8 additions is Doral Bank. Here's the link to the FDIC consent order
The CR post also included a quarterly update to the transition matrix which shows how the list has changed since it was started in August 2009. Bank Health Ratings
For more info on the financial health of banks and credit unions, you can view our Bank Health Ratings
page which provides a table of banks and credit unions with the worst Texas Ratios. You can also sort based on the best Texas Ratios to view the safest banks. Health Rating Updates
Our financial health ratings are based on bank data that the FDIC releases each quarter. The FDIC came out with 2012 Q2 data on August 28th (see post
). We'll soon be updating the health ratings for credit unions based on Q2 data.