Exclusive Economy » Banks http://exclusiveeconomy.com Your Portal For Informal Analysis Tue, 17 May 2011 03:59:00 +0000 en hourly 1 http://wordpress.org/?v=3.1 Greece Debt Worries Drive Market Selloff… Yeah We Know, We’ve Heard This Headline Before http://exclusiveeconomy.com/2011/05/greece-debt-worries-drive-market-selloff-yeah-we-know-weve-heard-this-headline-before/ http://exclusiveeconomy.com/2011/05/greece-debt-worries-drive-market-selloff-yeah-we-know-weve-heard-this-headline-before/#comments Fri, 13 May 2011 21:00:03 +0000 EE-Reporter http://exclusiveeconomy.com/?p=1466

How many of you are tired about hearing the same crap over and over again? It must be a slow news day, sometimes I wonder if the mainstream media picks a headline out of a hat randomly and blast the airwaves with it. The market nose dived today, so what did they tell us??? “Greece debt worries drive the market lower!” We’ve known Greece has been in trouble for years now, why didn’t they mention it on Monday, why didn’t it drive the market down yesterday or the day before…. Headlines drive the emotions of investors, thus resulting in emotional trading. Emotional trading is what drives the market, for now the old fashion market based on technical’s doesn’t exist.

Print]]> http://exclusiveeconomy.com/2011/05/greece-debt-worries-drive-market-selloff-yeah-we-know-weve-heard-this-headline-before/feed/ 0 Bank Failures Rise to 11 in 2011 http://exclusiveeconomy.com/2011/01/bank-failures-rise-to-11-in-2011/ http://exclusiveeconomy.com/2011/01/bank-failures-rise-to-11-in-2011/#comments Sat, 29 Jan 2011 09:26:17 +0000 EE Economist http://exclusiveeconomy.com/?p=1298

The FDIC seized 4 more banks, raising the totaled number of failed U.S banks in 2011 to 11. FDIC Chairman Sheila Bair has said in the current banking crisis that failures would peak in 2010.

According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.

Brief Rundown;

Bank                                                                                     Assets                                   Deposits

First Community Bank (New Mexico)                       $2.31 billion                       $1.94 billion
FirsTier Bank (Colorado)                                             $781.5 million                    $722.8 million
Evergreen State Bank (Wisconsin)                             $246.5 million                   $195.2 million
First State Bank (Oklahoma)                                        $43.5 million                    $40.3 million

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Print]]> http://exclusiveeconomy.com/2011/01/citigroup-reports-4th-quarter-profits/feed/ 0 What’s Your Investment Path? http://exclusiveeconomy.com/2010/11/whats-your-investment-path/ http://exclusiveeconomy.com/2010/11/whats-your-investment-path/#comments Thu, 18 Nov 2010 20:19:30 +0000 EE Economist http://exclusiveeconomy.com/?p=1180 Check out this info chart from Visual Economics for suggested routes for investing.

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The FDIC seized 3 more banks, raising the totaled number of failed U.S banks in 2010 to 81. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.

According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.

Brief Rundown;

Bank                                                                                     Assets                                   Deposits

BTierOne Bank (Nebraska)                                           $2.8 billion                       $2.2 billion
Arcola Homestead Savings Bank (Illinois)              $17.0 million                    $18.1 million
First National Bank (Mississippi)                              $60.4 million                   $63.5 million

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According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.

Brief Rundown;

Bank                                                                    Assets                                   Deposits

Pinehurst Bank (Minnesota)                    $61.2 million                     $58.3 million

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Source: Visual Economics

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According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.

Brief Rundown;

Bank                                                                                     Assets                                   Deposits

Towne Bank of Arizona (Arizona)                              $120.2 million                    $113.2 million
1st Pacific Bank of California (California)                $335.8 million                   $291.2 million
The Bank of Bonifay (Florida)                                      $242.9 million                    $230.2 million
Access Bank (Minnesota)                                              $32.0 million                      $32.0 million

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According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.

Brief Rundown;

Bank                                                                                                Assets                                   Deposits

Frontier Bank (Washington)                                                 $3.50 billion                    $3.13 billion                                              
BC National Banks (Missouri)                                               $67.2 million                   $54.9 million         
Champion Bank (Missouri)                                                    $187.3 million                 $153.8 million
CF Bancorp (Michigan)                                                            $1.65 billion                     $1.43 billion
Eurobank (Puerto Rico)                                                           $2.56 billion                     $1.97 billion
R-G Premier Bank of Puerto Rico (Puerto Rico)            $5.92 billion                     $4.25 billion
Westernbank Puerto Rico (Puerto Rico)                           $11.94 billion                   $8.62 billion

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According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.

Brief Rundown;

Bank                                                                                                        Assets                                      Deposits

Lincoln Park Savings Bank (Illinois)                                           $199.9 million                      $171.5 million
Peotone Bank and Trust Company (Illinois)                               $130.2 million                     $127.0 million
Wheatland Bank (Illinois)                                                               $437.2 million                     $438.5 million
Amcore Bank, National Association (Illinois)                           $3.8 billion                          $3.4 billion
Broadway Bank (Illinois)                                                                 $1.2 billion                           $1.1 billion
Citizens Bank&Trust Company Of Chicago (Illinois)               $77.3 million                      $74.5 million
New Century Ban (Illinois)                                                               $485.6 million                   $492.0 million

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