By The Tim on February 1, 2010
With the failure of American Marine Bank on Bainbridge Island becoming Washington State’s third bank failure of 2010 on Friday, I thought it would be interesting to take another look at our state’s troubled banks.
The following charts are based on data from the FDIC, the NCUA, and Calculated Risk’s latest Unofficial Problem Bank List (updated [...]
Posted in Economy, Local, News | Tagged banks, credit unions, maps, Tableau, troubled-banks
By The Tim on January 12, 2010
Calculated Risk’s Unofficial Problem Bank List continues to increase in size, with the latest update including 576 banks across the country. This update added four more Washington State banks to the list: American Marine Bank in Bainbridge Island, Pierce Commercial Bank in Tacoma, The Bank of Washington in Lynnwood, and Viking Bank in Seattle. [...]
Posted in News | Tagged banks, Calculated_Risk, lending, troubled-banks
By The Tim on January 10, 2010
Horizon Bank in Bellingham was the first US bank failure in 2010.
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Posted in Polls | Tagged banks, Polls, troubled-banks
By The Tim on November 30, 2009
The Seattle Times posted an interesting article yesterday about Washington State’s banks titled Some Washington banks are recovering, others see their options narrowing
According to The Seattle Times’ quarterly analysis of Washington banks and thrifts, most of the state’s financial institutions seem to be weathering the upheaval reasonably well. Others, while clearly struggling, probably can survive.
But [...]
Posted in News | Tagged banks, DeSilver, lending, Seattle_Times, troubled-banks
By The Tim on November 11, 2009
With the news in September that Seattle is #1 for delinquent construction loans, it probably comes as not much of a surprise that Washington State also happens to rank #1 in the nation for troubled banks, according to Calculated Risk’s unofficial problem bank list.
State
Percent
Washington
26.3%
Utah
25.0%
Arizona
21.3%
Nevada
20.0%
Oregon
19.5%
Georgia
19.2%
California
17.8%
Florida
16.3%
Michigan
13.2%
Maryland
10.8%
Colorado
10.6%
This week we looked over the numbers to determine which states have [...]
Posted in News | Tagged banks, Business Journal, Calculated_Risk, commercial, lending, troubled-banks
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