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IPFS News Link • Economy - Economics USA

List of Problem Banks: Has Grown 76 Percent Since August of 2009

03-28-2010 • CalculatedRiskBlog.com

This graph shows the number of banks on the unofficial list. The number has grown by almost 76% since early August 2009 - even with all the bank failures (failures are removed from the list). The three red dots are the number of banks on the official problem bank list as announced in the FDIC quarterly banking profile for Q2, Q3, and Q4. The dots are lagged one month because of the delay in announcing formal actions. The unofficial count is close, but is slightly lower than the official count - probably mostly due to timing issues. Based on the current trend, there is a reasonable chance that the unofficial problem bank list will be over 1,000 banks later this year ...

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Reported By Jack Gregson

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