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. Bank Health Ratings
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).
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.