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


To: Think4Yourself who wrote (148228)9/19/2008 8:24:58 PM
From: PerspectiveRespond to of 306849
 
Christ, ya think? Look at their ratios. They had 33% of assets NPA, and 2.6% equity to assets! Wake up FDIC!!!


Condition Ratios (%)
19 Loss allowance to loans 8.56% 2.96%
20 Loss allowance to noncurrent loans 20.65% 28.82%
21 Noncurrent assets plus REO to assets 33.74% 10.99%
22 Noncurrent loans to loans 41.45% 10.28%
23 Net loans and leases to deposits 72.45% 105.10%
24 Net loans and leases to core deposits 76.50% 111.69%
25 Equity capital to assets 2.63% 11.68%
26 Core capital (leverage) ratio 2.14% 11.28%
27 Tier 1 risk-based capital ratio 2.85% 16.26%
28 Total risk-based capital ratio 4.19% 17.54%

`BC



To: Think4Yourself who wrote (148228)9/19/2008 8:27:53 PM
From: Peter VRead Replies (2) | Respond to of 306849
 
What? I thought the Congressional action would save ALL the banks!

You mean, banks will still fail, even though we are going to spend a TRILLION F@CKIN DOLLARS????????????

of course more banks will fail. The whole thing just pisses me off though. We saw it coming from miles away, and just when it gets here and we are ready, the government intervenes, at incredible cost.



To: Think4Yourself who wrote (148228)9/19/2008 9:15:16 PM
From: DebtBombRespond to of 306849
 
It's BFF, Bank Failure Friday....after hours, of course.



To: Think4Yourself who wrote (148228)9/19/2008 10:17:22 PM
From: patron_anejo_por_favorRespond to of 306849
 
>>Northfork, West Virginia-based Ameribank Inc. has been closed, the Federal Deposit Insurance Corporation said late Friday, marking the 12th bank closure so far this year.<<

Hey hey hey, Bank Failure Friday still rules!<G>