by Calculated Risk on 3/23/2012 06:26:00 PM

Premier Bank’s premier
“Cheap, as if made with fool’s gold”
Booed off stage right
by Soylent Green is People
From the FDIC: International Bank of Chicago, Chicago, Illinois, Assumes All of the Deposits of Premier Bank, Wilmette, Illinois

As of December 31, 2011, Premier Bank had approximately $268.7 million in total assets and $199.0 million in total deposits ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $64.1 million. Compared ... Premier Bank is the fifteenth FDIC-insured institution to fail in the nation this year, and the third in Illinois

On February New Home Sales:
• New Home Sales decline in February to 313,000 Annual Rate
• Home Sales: Distressing Gap
• New Home Sales graphs

Earlier this week on Existing Home sales:
• Existing Home Sales in February: 4.59 million SAAR, 6.4 months of supply
• Existing Home Sales: Inventory and NSA Sales Graph
• Existing Home Sales graphs