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July 2015: Unofficial Problem Bank list declines to 290 Institutions


This is an unofficial list of Problem Banks compiled only from public sources.

Here is the unofficial problem bank list for July 2015.

Changes and comments from surferdude808:

Update on the Unofficial Problem Bank List for July 2015. During the month, the list fell from 309 institutions to 290 after 20 removals and one addition. Assets dropped by .9 billion to an aggregate .9 billion. A year ago, the list held 452 institutions with assets of 6.1 billion.

Actions have been terminated against Anderson Brothers Bank, Mullins, SC (6 million); Pacific National Bank, Miami, FL (9 million); Geauga Savings Bank, Newbury, OH (7 million); The Peoples Bank, Chestertown, MD (9 million); Home Loan Investment Bank, F.S.B., Warwick, RI (6 million); Crown Bank, Edina, MN (3 million); Farmers & Merchants Bank, Statesboro, GA (0 million); Eagle Valley Bank, National Association, Saint Croix Falls, WI (7 million); Evergreen National Bank, Evergreen, CO (2 million); Surety Bank, DeLand, FL ( million); Peoples State Bank, Lake City, FL ( million); Liberty Savings Bank, FSB, Whiting, IN ( million); First Security Bank of Helena, Helena, MT ( million); Peoples Bank and Trust Company of Clinton County, Albany, KY ( million); and Hometown Community Bank, Cyrus, MN ( million).

Premier Bank, Denver, CO ( million) failed. Finding merger partners were Bank of Manhattan, N.A., El Segundo, CA (1 million Ticker: MNHN); American Bank of St. Paul, Saint Paul, MN (2 million); Pacific Rim Bank, Honolulu, HI (1 million); and ProBank, Tallahassee, FL ( million).

The addition this month was Home Federal Savings and Loan Association of Nebraska, Lexington, NE ( million).

Calculated Risk

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