Problem Banks

In a recenet report, the FDIC listed 702 banks with $403 billion in assets as “problem” banks in Q4, up from 552 banks with $346 billion in assets in Q3, and 252 and $159.4 billion in assets in Q4 2008. Not all problem banks will fail - and not all failures will be from the problem bank list - but this shows the problem is significant and still growing.