Last week we reported on U.S. banks with robust Commercial & Industrial (C&I) loan growth during calendar 2021. In spite of the winding down of the Paycheck Protection Program (PPP), we found 51 established C&I lenders with at least 35%…
Category: Troubled Banks
Loan Balances Grow for 1st Time Since Last June
After a year of belt-tightening, loan balances at our nation’s banks grew slightly ($33.2 billion or 0.3%) during the second quarter of 2021. In spite of banks’ eagerness to lend, loan balances remain well below (1.2%) the levels of the…
All Bank Ratings Now as of June 30, 2021 Data
All bank star-ratings are now updated in Jumbo Rate News and on our website (bauerfinancial.com); credit union star ratings and reports will be updated in early September. We are pleasantly surprised at how well our Nation’s banks are holding up…
Mortgage Performance Declines
A recent report by the Office of the Comptroller of the Currency (OCC) grabbed our attention with this headline. Then we realized, it was comparing mortgage performance to a year ago (Q1’20 i.e. pre-pandemic). While we did see a spike…
Credit Loss Expectations Brighten
Coral Gables, Florida, June 16, 2021 Coral Gables, FL: BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, is pleased to report that the majority of U.S. banks have been able to reverse loan loss provisions as the…
All New Credit Union Ratings Q1’2021 Data
All credit union star-ratings are now updated on our website, bauerfinancial.com, based on March 31, 2021 financial data. While the majority of federally-insured credit unions maneuvered their way nicely through the trials of the past year, there were some that…
All Bank Ratings Now as of March 31, 2021 Data
The U.S. banking industry has readjusted its expectations of future credit losses, for the better. That was evident in the FDIC’s Quarterly Banking Profile (QBP) for March 31, 2021 data, which shows an aggregate negative provision expense of $14.5 billion.…
New Brokered Deposit Rules, Let’s Break it Down
In observance of the Easter Holiday, Jumbo Rate News will not be published next week, April 5th. While we are on hiatus though, a new brokered deposit rule will go into effect (April 1st, to be exact). While we don’t…
New Bank Data Shows Income Down Not Out
All bank star-ratings and reports are now based on year-end 2020 financial data. (Credit Unions will be updated soon.) Three new banks opened their doors during the fourth quarter, bringing the total number of de novos for 2020 up to…
Bad Loans Bring Down 2 More Banks
It was hanging on by a thread, for a very long time. According to the FDIC press release, Zero-Star First City Bank of Florida’s difficulties began in 2009, but we added it to Bauer’s Troubled and Problematic Bank Report based…