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Unofficial Problem Bank List Increases To 797 Institutions [CR]

Sunday, June 27, 2010 - 11:31 AM
From the Calculated Risk Blog
Overall, the Unofficial Problem Bank List stands at 797 institutions with aggregate assets of $409.6 billion, up from 781 institutions with assets of $404.5 billion last week. [...] There were 24 institutions with aggregate assets of $6.5 billion added to the list this week. Notable additions include Bank of Choice, Greeley, CO ($1.3 billion); Nova Bank, Berwyn, PA ($598 million); CornerstoneBank, Atlanta, GA ($536 million); and Sterling Federal Bank, F.S.B., Sterling, IL ($501 million).

There were also 11 Promt Corrective Actions orders. The post has a good review of PSAs and the history behind PSAs.
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Ken TuminKen Tumin5,467 posts since
Nov 29, 2009
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