Unofficial Problem Bank List October 19th Update

The Calculated Risk blog has updated its Unofficial Problem Bank List. There were many changes due to the release of OCC enforcement actions and Friday's bank closures. Overall, there were 9 removals and 2 additions. The number of banks on the list is now at 865. Excerpts from the change summary:

The two additions were Central Federal Savings and Loan Association, Cicero, IL ($183 million) and F&M Bank and Trust Company, Hannibal, MO ($165 million).

The OCC also issued a Prompt Corrective Action Order against One Bank & Trust, National Association, Little Rock, AR ($475 million).

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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. Our health ratings for both banks and credit unions are now based on 2012 Q2 data.