S&P 500 Fallimenti banche USA

[paologorgo]

Three more banks fail (in Florida, Illinois and Maryland) to bring the 2010 total to 25, at a total estimated cost to the Deposit Insurance Fund of $208.5M. Update: Centennial Bank in Ogden, Utah, is No. 26; another $96.3M from the DIF.

 

[gipa69]

Sheila Bair has said publicly that more banks will fail this year than last (140), so we can expect bank failures to stay elevated.
Reader note: I’ve added a new bullet point for each failure. Because I’m a glutton for punishment on a Friday night? Possibly. But also because, technically, FDIC doesn’t pull the trigger to close a bank. The regulator closes the bank and appoints FDIC receiver. They do coordinate. And, of course, FDIC folks are the boots on the ground that repo the bank…
Check back for updates to this post as failures roll in tonight.
#23
—Failed bank: Sun American Bank, Boca Raton FL
—Regulator: Florida Office of Financial Regulation
—Acquiring bank: First Citizens Bank & Trust Co, Raleigh NC
—Vitals: at 12/31/09, assets of $536 million, deposits of $444 million
—Estimated DIF damage: $104 million
#24
—Failed bank: Bank of Illinois, Normal IL
—Regulator: Illinois Department of Financial Professional Regulation – Division of Banking
—Acquiring bank: Heartland Bank & Trust Co, Bloomington IL
—Vitals: at 12/31/09, assets of $212 million, deposits of $199 million
—Estimated DIF damage: $54 million
#25
—Failed bank: Waterfield Bank, Germantown MD
—Regulator: OTS
—Acquiring bank: None
—Vitals: at 12/31/09, assets of $156 million, deposits of $156 million
—Estimated DIF damage: $51 million
#26
—Failed bank: Centennial Bank, Ogden UT
—Regulator: Utah Department of Financial Institutions
—Acquiring bank: None…payout transaction
—Vitals: at 12/31/09, assets of $215 million, deposits of $205 million
—Estimated DIF damage: $96 million

 

[bischer0tt0]

siamo ancora lontani dal record del 1989

e cmq anche allora gli USA non sono finiti nei programmi di aiuti internazionali

 

[gipa69]

Generally you don’t see midweek failures unless everyone’s taking Friday off.
From AP:

The bank catered largely to the Orthodox Jewish community in Manhattan and Brooklyn….The bank was closed by New York state’s banking regulators and the FDIC appointed as receiver on Thursday, rather than on Friday as is customary for bank shutdowns because of the Jewish Sabbath falling at sundown Friday into Saturday.
​

#27
—Failed bank: LibertyPointe Bank, NY NY
—Regulator: New York State Banking Department
—Acquiring bank: Valley National Bank, Wayne NJ
—Vitals: at 12/31, assets of $209.7 million, deposits of $209.5 million
—Estimated DIF damage: $24.8 million

 

[gipa69]

Valley National got a package deal — they picked up LibertyPointe last night and got another tonight. Plus, don’t look now, but NYC is suffering a veritable wave of bank closures. Two in two days. These are the first in the Big Apple since 1999.
#28
—Failed Bank: Park Avenue Bank, NY NY
—Regulator: New York State Banking Department
—Acquiring bank: Valley National Bank, Wayne NJ
—Vitals: at 12/31, assets of $520.1 million, deposits of $494.5 million
—Estimated DIF damage: $50.7 million
#29
—Failed Bank: Old Southern Bank, Orlando FL
—Regulator: Florida Office of Financial Regulation
—Acquiring bank: Centennial Bank, Conway AR
—Vitals: at 12/31, assets of $315.6 million, deposits of $319.7 million
—Estimated DIF damage: $94.6 million
#30
—Failed Bank: Statewide Bank, Covington LA
—Regulator: Louisiana Office of Financial Institutions
—Acquiring bank: Home Bank, Lafayette LA
—Vitals: at 12/31, assets of $243.2 million, deposits of $208.8 million
—Estimated DIF damage: $38.1 million

 

[c0ltran3]

Bank Failure #31: American National Bank, Parma, Ohio
by CalculatedRisk on 3/19/2010 04:32:00 PM

From the FDIC: The National Bank and Trust Company, Wilmington, Ohio, Assumes All of the Deposits of American National Bank, Parma, Ohio

American National Bank, Parma, Ohio, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. ...

As of December 31, 2009, American National Bank had approximately $70.3 million in total assets and $66.8 million in total deposits....

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $17.1 million. ... American National Bank is the 31st FDIC-insured institution to fail in the nation this year, and the first in Ohio. The last FDIC-insured institution closed in the state was AmTrust Bank, Cleveland, on December 4, 2009.

 

[gipa69]

Se ne sono aggiunte un certo numero:

Three more in Georgia….
#37
—Failed bank: State Bank of Aurora, Aurora, MN
—Regulator: Minnesota Department of Commerce
—Acquiring bank: Northern State Bank, Ashland, WI
—Vitals: assets of $28.2 million, deposits $27.8 million
—Transaction: loss share on $21.3 million of assets
—Estimated DIF damage: $4.2 million
#36
—Failed bank: First Lowndes Bank, Fort Deposit, AL
—Regulator: Alabama Banking Department
—Acquiring bank: First Citizens Bank, Luverne, AL
—Vitals: assets of $137.2 million, deposits $131.1 million
—Transaction: loss share on $104.1 million of assets
—Estimated DIF damage: $38.3 million
#35
—Failed bank: Bank of Hiawassee, Hiawassee, GA
—Regulator: Georgia Department of Banking and Finance
—Acquiring bank: Citizens South Bank, Gastonia, North Carolina
—Vitals: assets of $377.8 million, deposits $339.6 million
—Transaction: loss share on $232.6 million of assets
—Estimated DIF damage: $137.7 million
#34
—Failed bank: Appalachian Community Bank, Ellijay GA
—Regulator: Georgia Department of Banking and Finance
—Acquiring bank: Community and Southern Bank, Carrollton GA
—Vitals: assets of $1.01 billion, deposits $917.6 million
—Transaction: loss share on $798.6 million of assets
—Estimated DIF damage: $419.3 million
#33
—Failed bank: Advanta Bank, Draper UT
—Regulator: Utah Department of Financial Institutions
—Acquiring bank: None
—Vitals: assets of $1.6 billion, deposits $1.5 billion
—Transaction: Payout
—Estimated DIF damage: $635.6 million
#32
—Failed bank: Century Security Bank, Duluth GA
—Regulator: Georgia Department of Banking and Finance
—Acquiring bank: Bank of Upson, Thomaston GA
—Vitals: assets of $96.5 million, deposits of $94.0 million
—Transaction: loss share on $81.5 million of assets
—Estimated DIF damage: $29.9 million
#31
—Failed bank:American National Bank, Parma OH
—Regulator: OCC
—Acquiring bank: National Bank and Trust Co, Wilmington OH
—Vitals: assets of $70.3 million, deposits of $66.8 million
—Transaction: loss share on $49.8 million of assets
—Estimated DIF damage: $17.1 million

 

[paologorgo]

The last time more than six banks were seized in one day was Oct. 30, 2009.

 

[aross]

Parma? Anvedi che Tanzi ha fatto bidoni anche in USA.. si scherza
PS. Ma risulta anche a voi che Ponzi (quello dello schema), aveva origini parmigiane?

Bank Failure #31: American National Bank, Parma, Ohio
by CalculatedRisk on 3/19/2010 04:32:00 PM

From the FDIC: The National Bank and Trust Company, Wilmington, Ohio, Assumes All of the Deposits of American National Bank, Parma, Ohio

American National Bank, Parma, Ohio, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. ...

As of December 31, 2009, American National Bank had approximately $70.3 million in total assets and $66.8 million in total deposits....

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $17.1 million. ... American National Bank is the 31st FDIC-insured institution to fail in the nation this year, and the first in Ohio. The last FDIC-insured institution closed in the state was AmTrust Bank, Cleveland, on December 4, 2009.

 

[gipa69]

I primi periodi della vita di Charles Ponzi sono difficili da ricostruire, anche a causa della sua propensione ad inventare ed abbellire gli eventi.
Nasce con il nome di Carlo Ponzi a Lugo nel 1882. Trascorre a Parma l'adolescenza e trova impiego alle Poste. Si iscrive da lì a poco all'Università La Sapienza di Roma. Gli amici che frequenta considerano il periodo universitario come una "vacanza di quattro anni" e Ponzi li segue in giro per bar e teatri. Ad un certo punto, a corto di fondi, abbandona l'università e si imbarca per Boston (Massachusetts, USA