Among Friday’s quartet of bank failures were two financial institutions that survived the Great Depression, a bank that had been converted from a credit union and an $0.5 billion entity. The Oklahoma State Banking Department said that it closed down First Capital Bank. An “exhaustion of capital funds as a result of significant loan losses” [...]
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Brutal Week for Banks
June 11th, 2012 
davidguide 
Posted in Business Loans 
Tags: bank, bank failures, Depression, entity, exhaustion, federal deposit insurance, kingfisher okla, loan losses, result, state banking department, Week 
Comments OffBanks Improve Performance
August 24th, 2011 davidguide The banking sector has lifted quarterly earnings by nearly 9 percent over the past year. At the same time, the sector cut residential delinquency by more than 70 basis points. In addition, the number of bank failures during the first six months of this year was down nearly half from the same period last year. [...]
Posted in Business Loans Tags: bank failures, banking sector, basis, basis points, Delinquency, half, number, percent, post, quarterly earnings, Sector Comments Off2 Banks Fail so Far Friday
October 16th, 2010 davidguide The Missouri Division of Finance just closed down a $92 million institution. The Office of Thrift Supervision just seized an $0.5 billion bank in Kansas. Look for a story this weekend about the two bank failures as well as the rest of today’s seizures. View full post on Mortgage Stories
Posted in Business Loans Tags: bank, bank failures, Banks, Division, Fail, finance, Friday, institution, Kansas, Missouri, missouri division of finance, Mortgage, office, office of thrift supervision, seizures, Thrift Comments Off
