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FDIC: 884 Troubled Banks

The number of banks that made the 2010 fourth-quarter listing of the Federal Deposit Insurance Corp.’s “Problem List” totaled 884, up from 860 in Q3. Total assets of these “problem” institutions also increased, hitting $390 billion. Despite positive deposit growth for the second consecutive quarter, 30 FDIC-insured banks failed in Q4. An additional 73 were absorbed in mergers, the FDIC says. For the year, 197 banks were absorbed through mergers.”]

Source: https://www.cuinfosecurity.com/fdic-884-troubled-banks-a-3380

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