Is your bank considered undercapitalized?

Under regulatory guidelines, banks, thrifts, and trust banks are considered as “well-capitalized”, “adequately-capitalized”, or “under-capitalized”. And, what determines their status are their: Tier 1 leverage capital ratio Tier 1 risk-based capital ratio Total risk-based capital ratio Is your bank considered “under-capitalized”? Per September 30, 2010, regulatory filings, the entire list of “under-capitalized” banks can be… Continue reading Is your bank considered undercapitalized?

Bank Failures Equal Opportunities for Qualified Buyers…via the FDIC

The Federal Deposit Insurance Corporation (FDIC) is frequently appointed as a receiver for failed banks. As of August 20, 2010, 310 banks have failed and have been taken over by the FDIC since October 1, 2000. (Source: FDIC Failed Bank List) In 2009, the FDIC shut down 140 financial institutions. As of this writing, the… Continue reading Bank Failures Equal Opportunities for Qualified Buyers…via the FDIC