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Unofficial Problem Bank List & Health Ratings - June 21st Update

Sunday, June 23, 2013 - 8:14 AM
The Calculated Risk blog has updated its Unofficial Problem Bank List. Here's an excerpt of CR's change summary:
As expected, the OCC released its enforcement action activity through mid-May today. For the week, there were seven removals and one addition that leave the Unofficial Problem Bank List at 751 institutions with assets of $273.0 billion.

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One of the seven removals was Aurora Bank. This used to be an internet bank owned by Lehman Brothers, and it used to have the name Lehman Brothers Bank. It was actually acquired by New York Community Bank in May 2012. I'm surprised it took a year before the voluntarily liquidation became official.

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 - 2013 Q1 Bank and Credit Union Data Import Completed

Our financial health ratings are based on financial data that the FDIC and NCUA release each quarter. The FDIC released Q1 2013 financial data in last week of May, and the NCUA did the same soon after . We now have imported the new FDIC and NCUA data, and all of our bank and credit union financial health ratings are now based on this Q1 data.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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