The FDIC shuttered its 100th bank today.
Many more to come. And it didn't take long.
100: Partners Bank, Naples, FL
101: American United Bank, Lawrenceville, GA
102: Hillcrest Bank Florida, Naples, FL
103: Flagship National Bank, Bradenton, FL
Bank BIF Loss Assets Loss Ratio
PR-192-2009 First Dupage Bank $59.0 $279.0 21.50%
PR-191-2009 Riverview Community Bank $20.0 $108.0 18.52%
PR-190-2009 Bank of Elmwood $101.1 $327.4 30.88%
PR-189-2009 Flagship National Bank $59.0 $190.0 31.05%
PR-188-2009 Hillcrest Bank $45.0 $83.0 54.22%
PR-187-2009 American United Bank $44.0 $111.0 39.64%
PR-186-2009 Partners Bank $28.6 $65.5 43.66%
Can you hear the tic, tic, tic get louder?
CEO & Partner, Parisian Family Office. Began Wall Street career in 1982. Founded investment firm, Native American Advisors, 1995. White Earth Chippewa, Tribal Member. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, TN farm, Pamelot or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
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