Let’s have an updated look at Washington 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 03/19). There have been a few changes since our last update in February. Rainier Pacific Bank of Tacoma failed in late February, North Cascades…
Tag: troubled-banks
Interactive Map of Washington’s Banks and Credit Unions
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…
Four More Washington Banks on the Unofficial Problem Bank List
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. The…
Poll: How many Washington-based banks will fail in 2010?
Horizon Bank in Bellingham was the first US bank failure in 2010. Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 01.16.2010.
Detailed Analysis of Washington State Banks via Seattle Times
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…