{"id":8826,"date":"2010-01-12T11:05:25","date_gmt":"2010-01-12T19:05:25","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=8826"},"modified":"2010-01-12T11:05:25","modified_gmt":"2010-01-12T19:05:25","slug":"four-more-washington-banks-on-the-unofficial-problem-bank-list","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2010\/01\/12\/four-more-washington-banks-on-the-unofficial-problem-bank-list\/","title":{"rendered":"Four More Washington Banks on the Unofficial Problem Bank List"},"content":{"rendered":"<p><a href=\"http:\/\/cr4re.com\/PBLJan0810.html\" title=\"Problem Bank List Jan 08, 2010 (Unofficial)\">Calculated Risk&#8217;s Unofficial Problem Bank List<\/a> continues to increase in size, with <a href=\"http:\/\/www.calculatedriskblog.com\/2010\/01\/unofficial-problem-bank-list-increases_08.html\" title=\"Unofficial Problem Bank List increases to 576\">the latest update<\/a> 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 addition of these banks and the failure of Horizon Bank in Bellingham brings Washington State&#8217;s total number of &#8220;problem banks&#8221; up to 26 out of 95 total banks.<\/p>\n<p>Here&#8217;s an update of our problem bank map:<\/p>\n<p><iframe loading=\"lazy\" width=\"660\" height=\"475\" frameborder=\"0\" scrolling=\"no\" marginheight=\"0\" marginwidth=\"0\" src=\"http:\/\/maps.google.com\/maps\/ms?ie=UTF8&amp;hl=en&amp;source=embed&amp;msa=0&amp;msid=108880603054360341047.00047813ac2907b5b6759&amp;ll=47.286682,-120.651855&amp;spn=3.53972,7.250977&amp;z=7&amp;output=embed\"><\/iframe><br \/><small>View <a href=\"http:\/\/maps.google.com\/maps\/ms?ie=UTF8&amp;hl=en&amp;source=embed&amp;msa=0&amp;msid=108880603054360341047.00047813ac2907b5b6759&amp;ll=47.286682,-120.651855&amp;spn=3.53972,7.250977&amp;z=7\" style=\"color:#0000FF;text-align:left\">Washington&#8217;s Troubled Banks<\/a> in a larger map<\/small><\/p>\n<p>While &#8220;just&#8221; 27% of Washington&#8217;s banks are on the problem list, when sorted by bank size (in terms of total assets as of 09\/30\/2009), the problem is a little worse.<\/p>\n<p style=\"width: 544px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/01\/troubled-bank-assets_2009-09-30.png\" style=\"border: 0; margin: 5px;\" title=\"Assets in Washington's Problem Banks - Click to enlarge\" alt=\"Assets in Washington's Problem Banks\" width=\"544\" height=\"586\"><\/p>\n<p>Washington&#8217;s troubled banks make up 37% of the total banking industry in the state, when measured by assets.  Washington State also still retains its #1 title for the most assets in problem banks of any state in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calculated Risk&#8217;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&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[198],"tags":[305,318,30,600],"coauthors":[],"class_list":["post-8826","post","type-post","status-publish","format-standard","hentry","category-news","tag-banks","tag-calculated_risk","tag-lending","tag-troubled-banks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Four More Washington Banks on the Unofficial Problem Bank List \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2010\/01\/12\/four-more-washington-banks-on-the-unofficial-problem-bank-list\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Four More Washington Banks on the Unofficial Problem Bank List \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Calculated Risk&#8217;s Unofficial Problem Bank List continues to increase in size, with the latest update including 576 banks across the country. 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