Eight DC banks are still on the Unofficial Troubled Bank List as reported by calculatedriskblog.com. The banks are operating with headquarters (HQ) in the District of Columbia and metropolitan regions of Maryland and Northern Virginia. The official FDIC Troubled Bank List is confidential on the breakdown, but the editors of calculatedriskblog.com provide the unofficial troubled bank list. The list corresponds with the FDIC reporting a decrease in the troubled bank list to 844 from 865 for July - September of 2011, and first quarter decrease in the number of troubled banks in the United States since 2006. FDIC reports an increase in bank profits from $ 23.8 billion in the July-September 2010 to $35.4 billion in the same period of 2011. The majority of profits were realized with banks with $10 billion in assets and larger as this asset group accounted for $29.8 billion of the $35.4 billion in 3rd quarter profits. The same scenario can be viewed in the Troubled Bank List in the makeup … [Read more...]