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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skywatcher who wrote (126171)	5/30/2008 7:14:45 PM
From: Giordano Bruno	Respond to of 306849

Karma?

To: Skywatcher who wrote (126171)	5/30/2008 10:59:58 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

Boy, they don't rush in to shut this guys down or anything. First Integrity's stats: First Integrity Bank, National Association 111 N.E. Fourth Street Staples, MN 56479 FDIC Certificate #: 12736 Bank Charter Class: N Definition First Integrity Bank, National Association Staples, MN March 31, 2008 First Integrity Bank, National Association Staples, MN March 31, 2007 Performance and Condition Ratios 1 % of unprofitable institutions N/A N/A 2 % of institutions with earnings gains N/A N/A Performance Ratios (%, annualized) (Year-to-date) (Year-to-date) 3 Yield on earning assets 5.88% 8.43% 4 Cost of funding earning assets 3.31% 2.44% 5 Net interest margin 2.56% 5.99% 6 Noninterest income to earning assets 1.31% 0.64% 7 Noninterest expense to earning assets 14.27% 8.50% 8 Net operating income to assets -18.96% -0.94% 9 Return on assets (ROA) -18.96% -0.94% 10 Pretax return on assets -18.96% -1.56% 11 Return on equity (ROE) -638.90% -7.47% 12 Retained earnings to average equity (YTD only) -638.90% -7.47% 13 Net charge-offs to loans 12.96% 3.06% 14 Credit loss provision to net charge-offs 112.58% 0 15 Earnings coverage of net loan charge-offs (x) -0.98 -0.73 16 Efficiency ratio 368.40% 128.31% 17 Assets per employee ($ millions) 1.65 1.23 18 Cash dividends to net income (YTD only) 0 0 Condition Ratios (%) 19 Loss allowance to loans 4.33% 1.62% 20 Loss allowance to noncurrent loans 31.09% 24.64% 21 Noncurrent assets plus other real estate owned to assets 11.85% 5.98% 22 Noncurrent loans to loans 13.94% 6.56% 23 Net loans and leases to deposits 67.57% 80.15% 24 Net loans and leases to core deposits 72.99% 87.14% 25 Equity capital to assets 0.63% 12.37% 26 Core capital (leverage) ratio -0.29% 12.58% 27 Tier 1 risk-based capital ratio -0.38% 15.92% 28 Total risk-based capital ratio -0.38% 17.14% Memoranda: 29 Average assets 53,955 50,948 30 Average earning assets 45,748 42,432 31 Average equity 1,602 6,430 32 Average loans 37,519 35,593 `BC

To: Skywatcher who wrote (126171)	5/30/2008 11:52:05 PM
From: Jim McMannis	Respond to of 306849

Moody's Implied Ratings Show MBIA, Ambac Turn to Junk bloomberg.com May 30 (Bloomberg) -- Moody's Investors Service has created a new unit that surprises even its own director. The team from Moody's Analytics, which operates separately from Moody's ratings division, uses credit-default swap prices as an alternative system of grading debt. These so-called implied ratings often differ significantly from Moody's official grades. The implied ratings frequently show that swap traders think debt is in more danger of defaulting than Moody's credit ratings signify. And here's the kicker: The swaps traders are usually right. ``When I first saw this product, my reaction was, `Goodness gracious, Moody's has got a product that is basically publicizing where the market disagrees with Moody's,''' says David Munves, managing director for credit strategy research at Moody's Analytics. The implied-ratings unit works in a corner of Moody's new world headquarters in lower Manhattan, across the street from Ground Zero. ``But these differences are out there,'' Munves says. ``We might as well capture and learn from it what we can.'' The credit quality of bond insurers, which have been at the center of the subprime storm, differs dramatically. The official ratings of these companies say the insurers are in great shape; the alternative ratings say they're in dire danger of defaulting on their debts. MBIA Inc. and Ambac Assurance Insurance Inc., the two largest bond

To: Skywatcher who wrote (126171)	5/31/2008 5:55:36 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 306849

Failed Bank List fdic.gov fdic.gov Electronic Deposit Insurance Estimator: The FDIC protects you against the loss of your insured deposits in the unlikely event that an FDIC-Insured Institution fails. If you or your family's deposit accounts at one FDIC-Insured Institution total $100,000 or less, your deposits are fully insured. If you or your family has more than $100,000 at one insured institution, you can still be fully insured if your accounts meet certain requirements. You can use EDIE to determine your insurance coverage beyond the basic $100,000 amount. fdic.gov Payouts can take several years: Details about SUPERIOR BANK FSB Bank Number/Name/Date Closed Dividend Type Priority Paid % Paid Total Paid Date Paid 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositor 0.684% 69.645% April 29, 2008 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositors 0.19% 68.961% January 15, 2008 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositors 3.598% 68.771% January 17, 2007 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositors 1.871% 65.173% February 14, 2006 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositors 1.501% 63.302% July 19, 2005 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositors 7.316% 61.801% January 25, 2005 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositors 7.493% 54.485% September 10, 2002 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositors 14.737% 46.992% May 28, 2002 6004 - SUPERIOR BANK FSB, July 27, 2001 Traditional Depositors 32.255% 32.255% March 12, 2002