Community Banks Still Under Stress

Courtesy FDIC

The above table shows data from the FDIC and www.ValuEngine.com covering 29 community banks that have overexposures to real estate loans. This is just a sampling.

Click here for a larger version of the bank chart.

Reading the Table:

FDIC Assets: The assets shown in FDIC data. Synovus (SNV) is the largest in the table with $26.04 billion in assets.

C&D Loans: The dollar amount of the exposure. SNV has the largest size exposure at $2.7 billion.

Cons/RBC: The percent exposure vs. risk-based capital. Banc Trust Financial has the highest risk at 154% of risk-based capital vs. the 100.0% regulatory guidelines.

CRE/RBC: The percent exposure vs. risk-based capital. Pacific Premier Banc has the highest risk at 585% of risk-based capital vs. the 400.0% regulatory guidelines.

Pipeline: The percentage of CRE loans outstanding versus loan commitments. At 100% all commitments are fully funded which is a negative sign as a healthy pipeline is around 60%. Franklin Financial (FRAF) and Virginia Commerce (VCBI) have their CRE loan commitments fully funded.

OV/UN Valued: The stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.

VE Rating: A "1-Engine rating" is a Strong Sell, a "2-Engine rating" is a Sell, a "3-Engine rating" is a Hold, a "4-Engine rating" is a Buy and a "5-Engine rating" is a Strong Buy.