Peoples, Citizens New South Federal Savings One Forty Is Near An Oxymoron Independent Bankers Bank Not since Five today. by Soylent Green is People From the FDIC: Hancock Bank, Gulfport, Mississippi, Assumes All of the Deposits of Peoples First Community Bank, Panama City, Florida Peoples First Community Bank, Panama…
Note: since I get questions now and then – the Haiku was started long ago and is kind of a tradition. Valley Capitol AKA Giant Cash Sinkhole We can’t climb out of Prairie bank failure Solution for Solutions: Arvest to invest by Soylent Green is People From the FDIC :…
Sunny Miami Palm trees, warm ocean waters Plus one toasted bank by Soylent Green is People From the FDIC : 1st United Bank, Boca Raton, Florida, Assumes All of the Deposits of Republic Federal Bank, National Association, Miami, Florida Republic Federal Bank, National Association, Miami, Florida, was closed today…
Since it is Friday, here are a couple of articles from San Francisco Magazine on some “not-so-smart” apartment loans … the first on the lender, the second on the borrower. From David Johnson: When smart money said “no more,” not-so-smart Marin bank loaned the Lembis $41 million. (ht Eric )…
Greater Atlantic Demoted, downsized, shrunken Sold to Sonabank by Soylent Green is People From the FDIC : Sonabank, McLean Virginia, Assumes All of the Deposits of Greater Atlantic Bank, Reston, Virginia Greater Atlantic Bank, Reston, Virginia, was closed today by the Office of Thrift Supervision, which appointed the Federal…
Benchmark sets new high (Is “down” the new “up” today?) Not a wanted prize by Soylent Green is People From the FDIC : MB Financial Bank, National Association, Chicago, Illinois, Assumes All of the Deposits of Benchmark Bank, Aurora, Illinois Benchmark Bank, Aurora, Illinois, was closed today by the…
Wow, a bright comet… Giant “Amtrust-Rex” looks up. Annihilation Cold Winter bears down Many banks fall like snowflakes No two are alike by Soylent Green is People From the FDIC : HeritageBank of the South, Albany, Georgia, Assumes All of the Deposits of the Tattnall Bank, Reidsville, Georgia The…
New white elephants Gifts to US from Sheila Bair No return receipt. by Soylent Green is People From the FDIC : State Bank and Trust Company, Macon, Georgia, Assumes All of the Deposits of the Buckhead Community Bank, Atlanta, Georgia The Buckhead Community Bank, Atlanta, Georgia, was closed today…
Turkey on table Carved up by the Central Bank MMMM Commerce Bank, Yum! by Soylent Green is People From the FDIC: Central Bank, Stillwater, Minnesota, Assumes All of the Deposits of Commerce Bank of Southwest Florida, Fort Myers, Florida Commerce Bank of Southwest Florida, Fort Myers, Florida, was closed…
From Globe St.: Values Off 43% From 2007 Peak Prices nationwide have fallen 42.9% from their October 2007 peak, according to the latest Moody’s/REAL Commercial Property Price Index report issued Thursday, while Real Capital Analytics says total transaction volume for 2009 will be the lowest of the decade. The November…