Of This Doesn't Necessarily Mean Banks Don't Have Problems, but fewer are Failing

From DS News    

 

FDIC Sees Number of Problem Banks Fall in Q2

As bank failures dwindle, FDIC institutions continue to see their own coffers swell, with an agency report finding that banks with government guarantees earned $34.5 billion over the second quarter. The FDIC also noted fewer "problem" institutions for the fifth consecutive quarter. Those identified as problems fell from 772 to 732, making this year one for the smallest problem banks since fourth-quarter 2009. Assets for institutions on the decline fell from $292 billion to $282 billion. And banks seemed to sweat a little less over the last quarter. » Read More

 

 

- sunil

 

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