This is an unofficial list of Problem Banks compiled only from public sources. CR NOTE: This was compiled before the 5 bank failures today. There was a "timely" Prompt Corrective Action issued against Charter Bank, Santa Fe, NM and the bank was seized today!
Changes and comments from surferdude808:
The Unofficial Problem Bank List increased by a net two institutions to 584.
Aggregate assets total $305.3 billion, up from $304.8 billion last week. Additions include Pamrapo Savings Bank, Bayonne, NJ ($573 million); Capitol City Bank & Trust Company, Atlanta, GA ($322 million); Bank of Virginia, Midlothian, VA ($226 million); and Independence National Bank, Greenville, GA ($138 million).
Deletions are the two failures last week – Barnes Banking Company ($828 million), and St. Stephens State Bank ($25 million). The other change is a Prompt Corrective Action order issued by the OTS against Charter Bank, Santa Fe, NM ($1.3 billion) on January 20, 2010, which was already operating under a Cease & Desist order.
The list is compiled from regulator press releases or from public news sources (see Enforcement Action Type link for source). The FDIC data is released monthly with a delay, and the Fed and OTC data is more timely. The OCC data is a little lagged. Credit: surferdude808.
See description below table for Class and Cert (and a link to FDIC ID system).
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