FDIC: 171 banks on 'problem' list - Jacksonville Business Journal:

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The report issued Tuesday showsd the number of firms onthe agency’es so-called problem list grew to 171 duriny the third quarter - the highest number since 1995. There were 117 banks on the list in thesecons quarter. Though the FDIC does not reveapl the names of the banks onthe list, it said combinexd assets of these institutions totaled $116 billiohn in the third quarter comparedf with $78.3 billion for the previous three months. This is the firsty time since 1994 that the assetss of problem banksexceedecd $100 billion.
Despite the troubling just 2 percentof FDIC-regulated banks are now on its watch compared with about 10 percent in the late 1980 s and early 1990s during the savings and loan The government identifies problem bank s as institutions on the brink of facing severe financing difficulties and management issues. But an averages of just 13 percent of banks onthe FDIC’s problemk list have failed. Three more banks failed on Friday, in Calif., in Newport Beach, Calif., and in Loganville, Ga. That bringa the total to 22 thisyear - comparecd to three in 2007.
Nine banks failedx in the third-quarter alone, including savings and loan giantf , the largest bank failure in