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Unofficial Problem Bank List October 19th Update

Sunday, October 21, 2012 - 6:01 AM
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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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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