Problem Bank List

Unofficial list of Problem Banks

Graphic Look At The Sorry State Of US Banking

Graphic Look At The Sorry State Of US Banking

Quarterly Banking Profile December 31, 2009
The FDIC Quarterly Banking Profile for the latest quarter ending December 31, 2009 continues to show a banking industry struggling with record levels of charge-offs and noncurrent loans.
Net Charge-offs And Noncurrent Loans At Record Levels
Net charge-offs for the fourth quarter of $53 billion increased by $14.4 billion over the same [...]

Bank Lending Implodes And Loan Defaults Hit Record Levels

Bank Lending Implodes And Loan Defaults Hit Record Levels

FDIC 2009 Third Quarter Banking Profile Depicts Troubled Banking Industry
The FDIC released its Quarterly Banking Profile today which shows continued deterioration in the financial performance of the banking industry during the third quarter of 2009.
The Quarterly Banking Profile depicts a banking industry that continues to struggle as shown by deteriorating loan quality, increased charge-offs, an [...]

Is It Safe?

Should you keep your money in an FDIC insured problem bank? Or are you asking for trouble?
As of the latest report released by the FDIC there were 416 problem banks at June 30, 2009, up from 117 the previous year and up from 305 on March 31, 2009.   Total assets held by the troubled [...]