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Unofficial Problem Bank list declines to 797 Institutions


Here is the unofficial problem bank list for Mar 22, 2013.

Changes and comments from surferdude808:

As expected, a quiet week as there were only four removals from the Unofficial Problem Bank List. The removals leave the list at 797 institutions with assets of 4.3 billion. The list has not been under 800 since Friday, July 23, 2010. A year ago, the list held 949 institutions with assets of 9.8 billion.

Actions were terminated against Saehan Bank, Los Angeles, CA (2 million Ticker: SAEB); CIBM Bank, Champaign, IL (1 million Ticker: CIBH); Bank of Little Rock, Little Rock, AR (3 million); and Bank VI, Salina, KS ( million). In a more rare event, the Federal Reserve terminated a Prompt Corrective Action order against Bank of Bartlett, Bartlett, TN (0 million).

Next week, we anticipate the FDIC will release its enforcement action through February 2013.

• Summary for Week Ending March 22nd
• Schedule for Week of March 24th
Calculated Risk

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