The FDIC lists 416 banks with $299.8 billion in assets as “problem” banks in Q2, up from 305 banks with $220.0 billion in assets in Q1, and 252 and $159.4 billion in assets in Q4 2008.
The DIF’s reserve ratio was 0.22 percent on June 30, 2009, down from 0.27 percent at March 31, 2009, and 1.01 percent one year ago. The June figure is the lowest reserve ratio for the combined bank and thrift insurance fund since March 31, 1993, when the reserve ratio was 0.06 percent.
See the report here: FDIC Report
Real Estate Newsletter Articles this Week: Mortgage Delinquencies Increase,
Foreclosures Remain Low
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Decrease...
3 hours ago