by Calculated Risk on 11/25/2011 09:04:00 PM

Note: this is an unofficial list of Problem Banks compiled only from public sources.

Here is the unofficial problem bank list for Nov 25, 2011. (table is sortable by assets, state, etc.)

Changes and comments from surferdude808:

Happy Thanksgiving to all our readers!

The FDIC did not deliver a "Black Friday" to any bank today as they let their closing teams enjoy a long weekend off. Still, there were a number of changes to the Unofficial Problem Bank List as the OCC and FDIC released their enforcement actions for the past month this week. As a result, there were seven additions and four removals, which leave the list with 980 institutions with assets of $400.5 billion. A year ago, there were 919 institutions with assets of $410 billion.

During this month, the list fell by a net five institutions with changes including eight additions, four failures, two unassisted mergers, and seven cures. Positively, it is the fifth consecutive monthly decline; however, the list has only declined by a net 21 institutions with failure causing 40 removals over this span.

The removals this week were all cures and include Commercial National Bank of Texarkana, Texarkana, TX ($191 million); The National Bank of Waupun, Waupun, WI ($126 million); Texas National Bank, Mercedes, TX ($92 million); and First National Bank of the Lakes, Navarre, MN ($61 million).

Among the seven additions are First Community Bank, Santa Rosa, CA ($698 million); CoastalStates Bank, Hilton Head Island, SC ($372 million); Commerce Bank, Geneva, MN ($207 million); and Regal Bank & Trust, Owings Mills, MD ($182 million Ticker: RGBM).

The OCC and FDIC replaced a number of existing outstanding actions during the past month. The other change of note is a Prompt Corrective Action Order issued by the OCC against Western National Bank, Phoenix, AZ ($163 million).

CR Note: Thanks to surferdude808! Earlier this week, the WSJ reported that Bank of America was warned by regulators of a possible formal action if the bank doesn't make progress. That would be a huge addition to the Unofficial Problem Bank list!