by Calculated Risk on 6/07/2014 08:15:00 AM

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

Here is the unofficial problem bank list for June 6, 2014.

Changes and comments from surferdude808:

It was a very quiet week for the Unofficial Problem Bank List with only one removal. The list holds 495 institutions with assets of $153.9 billion. A year ago, the list had 923 institutions with assets of $355.7 billion. The OCC terminated the action against Independence National Bank, Greenville, SC ($97 million Ticker: IEBS). Next week, we anticipate for the OCC to provide an update on its enforcement action activity through mid-May 2014.

CR Note: The first unofficial problem bank list was published in August 2009 with 389 institutions. The list peaked at 1,002 institutions on June 10, 2011, and is now down to 495.