by Calculated Risk on 4/12/2014 01:15:00 PM
Saturday, April 12, 2014
Unofficial Problem Bank list declines to 530 Institutions
This is an unofficial list of Problem Banks compiled only from public sources.
Here is the unofficial problem bank list for April 11, 2014.
Changes and comments from surferdude808:
There were three removals this week from the Unofficial Problem Bank List. After removal, the list holds 530 institutions with assets of $170.8 billion. A year ago, the list held 786 institutions with assets of $289.4 billion.
Actions were terminated against Riverview Community Bank, Vancouver, WA ($803 million); The National Bank of Cambridge, Cambridge, MD ($190 million); and Pikes Peak National Bank, Colorado Springs, CO ($80 million).
The Federal Reserve issued a Prompt Corrective Action order against NBRS Financial, Rising Sun, MD ($207 million), which has been operating under a Written Agreement since February 2010.
Next Friday, we anticipate the OCC will release its enforcement action activity through Mid-March 2014.