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Metadata Version: 0.1 
Title: FDIC, Top 100 banks ranked by risky mortgages, USA, Jun 30, 2008 
Citation: Quarterly banking sector reports available at Federal Deposit Insurance Corporation (FDIC) website 
Theme Keywords: banking,banks,defaults,finance,foreclosures,mortgage,sector
Place Keywords: [not yet implemented]
Abstract:The point shapefile shows geocoded data on FDIC insured banks ranked by amount of risky loans. FDIC releases quarterly reports on FIDC insured banks. The current data is extracted from the 2nd quarter of 2008. The risky loans in thousands of $ are computed as the sum of the following:
1. Foreclosed home mortgages
2. Mortgages that are 30+ days in late
3. Mortgages that are 90+ days late
4. Mortgages that are more than 90 days late but are not foreclosed yet.

WaMu tops the list in risky loans even during the hey days of housing bubble. FDIC took over WaMu on Sep 25, 2008 and immediately sold it for less than $2 billion to JP Morgan bank.  

Even in the so called better days for housing industry, the WaMu bank had the highest value of risky loans.  Look elsewhere on Finder! for data on top 100 banks for other quarters. 







Originator: Quarterly banking sector reports available at Federal Deposit Insurance Corporation (FDIC) website 
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Time Period of Content: Fri Sep 26 12:00:00 -0400 2008
Format Name: AVSHP,KML,CSV
Use Constraints: This data is licensed under a Creative Commons Attribution 3.0 License. http://creativecommons.org/licenses/by/3.0/