A collection of new banking resources from around the internet:
- Treasury Announces Results of Fourth Round of “Opt-Out” Auctions – This auction round included the first dividend-deferring institutions. Baraboo Bancorp had missed one dividend, and sold at a 33% discount, while Community West Bancshares had missed two dividends, and sold at a 27% discount.
- FDIC Publishes 3rd Quarter 2012 Banking Profile – The number of institutions on the FDIC’s “Problem List” fell from 732 to 694, while assets of “problem” banks declined from $282.4 billion to $262.2 billion. This is the smallest number of “problem” institutions since third quarter 2009.
- FDIC Meeting Agenda for December 11, 2012 Meeting Announced – Nothing particularly controversial appears to be on the schedule.
- Federal Reserve Announces Chairs for Reserve Banks – Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as chair and a second as deputy chair.