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close to the end     29-Oct-09 07:58 pm    
24% increase in nonperforming loans and dapital adequacy falling to 3.4% from nearly 7%.

That is close to failure in the FDIC terms.

Not much life left in this one, sadly to say.
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financeguy5...

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  Subject Author Rating Time of Post (ET)  
 
close to the end
financeguy5... Not rated 29-Oct-09 07:58 pm  
 
Friday's are always tense these days.
fica2 Rate it 30-Oct-09 12:29 am  
 
I know. I have been on both sides of those d...
financeguy5... Rate it 30-Oct-09 09:43 am  
 
So very, very sad. Think of the hopes and dreams ...
habitsowner Rate it 30-Oct-09 12:35 pm  
 
Every time I go into these types of shops I f...
financeguy5... Rate it 30-Oct-09 01:20 pm  
 
Very Close. Maybe today. 25% NPAs. They are al...
sam-stevens... Rate it 30-Oct-09 01:34 pm  
 
yes, and the FDIC has a lot on their plate ri...
financeguy5... Rate it 30-Oct-09 01:39 pm  
 
That is the problem. I bet there are a ...
bi11_james Rate it 30-Oct-09 02:16 pm  
 
Yes, things hit in Southern CA, AZ,...
financeguy5... Rate it 30-Oct-09 02:24 pm  
 
Snohomish County real estate d...
washingtonp... Rate it 30-Oct-09 03:52 pm  
 
Yep, I live in Snohomish ...
financeguy5... Rate it 30-Oct-09 04:07 pm  
 
"are looking at 20 -...
bi11_james Rate it 2-Nov-09 01:36 pm  
 
on top of al lt...
financeguy5... Rate it 2-Nov-09 02:20 pm  
 
I usually ...
bi11_james Rate it 2-Nov-09 02:44 pm  
 
BTW cash flows are d...
bi11_james Rate it 2-Nov-09 01:43 pm  
 
Having sold FTBK in early 07, shortly after the ol...
grayblz Rate it 2-Nov-09 10:45 am  
 
will USB, who got nine banks from the fdic on...
franciswool Rate it 2-Nov-09 11:44 am  
 
Indymac went under with only 8% NPL, FTBK is now o...
cashistrash Rate it 4-Nov-09 09:36 am  
 
True, they would have failed eventually but t...
financeguy5... Rate it 4-Nov-09 04:24 pm  
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Frontier Financial Corporation (FTBK)

Chart for Frontier Financial Corporation (FTBK)
At 4:00PM ET: 3.56 Down 0.06 (1.66%)
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