Calculated Risk Blog has updated its unofficial problem bank list
This week there were 15 additions and three removals. The changes leave the Unofficial Problem Bank list at 949 institutions with assets of $410.9 billion, up from 937 institutions with assets of $409.4 billion.
As I mentioned in my Friday bank failure summary
, it's hard to identify all banks that are close to failure. That was the case with First State Bank, Camargo, OK, which failed on Friday. It wasn't on this CR bank list since the public enforcement action didn't go public until the day it failed.
First State Bank also had some healthy ratings. The other three banks that failed yesterday had very low health ratings and very high Texas Ratios.
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.