CalculatedRisk's updated
Unofficial Problem Bank List reveals that 919 banks are now at risk. The FDIC's failed bank list revealed no banks had failed this week, but CR's update did log one bank which was removed from the Problem Bank List:
The sole removal this week is the termination of an action by the FDIC against Torrey Pines Bank, San Diego, CA ($1.2 billion Ticker: WAL).
There were 17 additions to the problem bank list, which brought the total to 919 institutions and the assets of these 919 is at $410.2 billion.
Among the 17 additions this week are the Bank of the Orient, San Francisco, CA ($675 million); Town & Country Bank and Trust Company, Bardstown, KY ($454 million Ticker: FHDG); Border State Bank, Greenbush, MN ($347 million); McHenry Savings Bank, McHenry, IL ($271 million); and SouthBank, a Federal Savings Bank, Huntsville, AL ($265 million).
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