SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (25033)10/18/2006 12:33:38 AM
From: Spekulatius  Respond to of 78744
 
Decided to get out of EPIK with a small profit after looking into Nonacccrual loans on the FDIC website. 1.08% of EPIK loans are in "Past due and Nonaccrual status" - not good. This number has been rapidly rising during the last few quarters.

FDIC is a great website for bank investors although not that easy to use. With higher interest rates and the RE slowdown credit quality is going to be a major concern for many community banks.