November 2016: Unofficial Problem Bank list unchanged at 173 Institutions - InvestingChannel

November 2016: Unofficial Problem Bank list unchanged at 173 Institutions

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

Here is the unofficial problem bank list for November 2016.

Changes and comments from surferdude808:

Update on the Unofficial Problem Bank List for November 2016.  During the month, the list remained unchanged at 173 institutions after one removal and one addition.

However, assets increased by $5.0 billion to $59.9 billion.  Updating to third quarter 2016 asset figures added $477 million to the asset total.

A year ago, the list held 255 institutions with assets of $77.0 billion.  This is the first monthly increase in the asset total since $405 million during January 2015 and the largest increase since a $17.2 billion increase during April 2011.  The FDIC terminated its enforcement actions against Noah Bank, Elkins Park, PA ($320 million) and issued a new action against First NBC Bank, New Orleans, LA ($4.9 billion).

Related posts

Idiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in Sales

Mish Global Economic Trend Analysis

Sky City: China to Build World’s Tallest Building, 220 Stories, in 90 Days

Mish Global Economic Trend Analysis

It’s No Wonder People Don’t Understand the “Public” Debt

Angry Bear

EU Budget Laugh of the Day “No One Is Discussing Quality”

Mish Global Economic Trend Analysis

Via Barry Ritholtz’s  Big Picture comes this PBS six minute …

Angry Bear

Politics and Specific Policies

Angry Bear