FDIC problem bank list

In American finance, the FDIC problem bank list is a confidential list created and maintained by the Federal Deposit Insurance Corporation which lists banks that are in jeopardy of failing.[1] The list is closely monitored, and if problems continue with a listed bank, the FDIC takes control of the bank; it may then sell the problem bank to a stronger one, or liquidate the bank and pay off the depositors.

The 2008 fourth quarter report issued by the FDIC on April 22, 2009 indicated that there were 252 financial institutions included on the problem bank list.

Getting on the list

To get onto the FDIC problem bank list, a bank must receive a CAMELS rating by bank examiners of “4” or “5.” The CAMEL rates each element of Capital, Assets, Management, Earnings, and Liquidity from “1” to “5,” with “1” being the best and “5” being the worst. A composite rating is then assigned, and banks in the two lowest categories are placed on the FDIC’s problem bank list.[2]

gollark: You can have "universal truth" with things like logical statements, where you can come up with things that are always true given some set of axioms. For physical/sciencey things you can just do "it's very unlikely for this to not be the case".
gollark: They... can be... good for explaining things. They aren't proofs but demonstrations.
gollark: Your analogies are bad because you can't derive ultimate universal truth from a few instances of something being true.
gollark: I guess something something precision errors.
gollark: Hmm, according to this normal CDF thing the probability of a negative IQ is just "zero".

See also

References
  1. "FDIC: Quarterly Banking Profile". FDIC. Retrieved 30 August 2010.
  2. http://www.fdic.gov/bank/historical/managing/Chron/guide.html#back_i


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