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Unofficial Problem Bank List November 16th Update

Sunday, November 18, 2012 - 9:00 AM
The Calculated Risk blog has updated its Unofficial Problem Bank List. There were 7 removals and 4 additions. One of the removals was due to a Friday bank failure. The other 6 removals were due to terminations of actions by the OCC and the Federal Reserve. Here's an excerpt from the CR change summary:
As anticipated, the OCC released its latest actions this Friday, which contributed to many changes to the Unofficial Problem Bank List. This week, there were seven removals and four additions that leave the list at 857 institutions with assets of $329.2 billion. A year ago, the list held 903 institutions with assets of $419.6 billion.
[...]
Additions this week include Roma Bank, Robbinsville, NJ ($1.7 billion); First National Bank, Ronceverte, WV ($262 million); Interamerican Bank, A FSB, Miami, FL ($240 million); and St Tammany Homestead Savings and Loan Association, Covington, LA ($96 million).

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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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