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Sunday, October 28, 2012 - 5:56 AM
Unofficial Problem Bank List October 26th Update
The Calculated Risk blog has updated its Unofficial Problem Bank List. Excerpts from the CR change summary:
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.
The FDIC released its actions through September 2012 and closed a bank this week. There were five removals and four additions leaving the Unofficial Problem Bank List with 864 institutions with assets of $330.4 billion.Bank Health Ratings
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The additions were First State Financial, Inc., Pineville, KY ($395 million); Golden Eagle Community Bank, Woodstock, IL ($152 million); Signature Bank of Georgia, Sandy Springs, GA ($136 million); and Talbot State Bank, Woodland, GA ($72 million).
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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.
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