Farmers Bank of Lynchburg Lynchburg Tennessee

How does for ever sound, break out the J.D.

Farmers Bank of Lynchburg, Lynchburg Tennessee was founded in 1890.  The company is on  the under capitalized bank list.  They might as well slap them on the insolvent bank list.

Assets are $202MM, with equity of $21MM.

The problem loan portfolio is $8MM.

Net income was ($6MM) in FY10.  They lost another $163k in Q1 2011.

In FY10, net income was $7MM and the overhead was $10MM.  This place loses money, just opening the door.  Do you think they may want to fix the operating leverage?

The way this place is going, they might as well close the thing and head over to the J.D. plant.

Citizens State Bank Hudson Wisconsin

They should fire tom Van Pelt and hire these guys, can’t be any worse

These cats wounded engage in unsafe and unsound lending

Citizens State Bank, Hudson Wisconsin was founded in 1901.  The company is on the problem bank list for unsafe and unsound lending practices.  The Texas ratio is 129%.

They are also on the under capitalized bank list. You might as well throw them on the insolvent bank list, while you are at it.

Assets are $140MM with equity of $6MM.

The problem loan portfolio is $13MM.

Having $13MM in problem loans and $6MM in equity is making this place look bankrupt.

Not only can these folks make bad loans, they are great at losing money.  Net income was ($2MM) in FY10 and ($5MM) in FY09.  They lost another $472k in Q1 2011.

Tom Van Pelt is the CEO, the company made it through the Great Depression but it won’t survive him.

Take a look at the website.  Check out the real estate for sale, they have 160 vacant lots for sale.  Who in their right mind finances vacant lots.  I guess tom Van Pelt does, with abandon.

Cornerstone Bank Wilson North Carolina

Take a look at the new site

capital2risk.com

This is Norm Osborn he wiped out the shareholders

Norm’s bank is on the problem bank list

Norm wiped out 275% of the equity in only 3 years

Cornerstone Bank Wilson North Carolina was founded in 2000.  This place is a piece or work.  They are on the problem bank list.  A Texas ratio of 223%, might do that to you.  The stock is delisted

They are also on the under capitalized bank list.  They should be on the insolvent bank list.

Assets are $161MM with equity of $4MM.

The problem loan portfolio is $20MM.

So, they have $20MM in bad loans and $4MM in equity?

They are bankrupt!

How about closing this disaster down.

Net income was ($7.6MM) in FY10 and ($1.8MM) in FY09.  They lost another $159k in Q1 2011.

Norm Osborn is the CEO, this cat wiped out 275% of the equity in the last 3 years.

Check out the FYE10 financial statement, the auditors question their going concern value. You think!

Take a look at the website, they are doing a stock offering.

They state that it is ” rare opportunity”.  I don’t doubt that, it is a rare opportunity to lose all of your money.

It requires a $100k minimum with a 5% coupon.  How the hell can they pay a coupon, all they do is lose money.

What kind of dope would invest money with Norm Osborn and his bankrupt bank?

Do you have money in this debacle?

Cornerstone Bank?   They are on the cornerstone of bankruptcy.

First Choice Bank Geneva Illinois

This is Jim Valete, the CEO, he is responsible for getting this place on the problem bank list

Jim’s bank is also on the under capitalized bank list

Jim wiped out 275% of the equity in only 3 years.

  Jim would not be my First Choice as the CEO, he’s be the last!

Is this your bank? It wouldn’t be my First Choice

That is Jim in the middle, why is this clown giving money away? This place is bankrupt.

First Choice Bank, Geneva Illinois was founded in 2001.  They are on the problem bank list.  The Texas ratio is 222%.

They are also on the under capitalized bank list.

Assets are $149MM with equity of $5MM.

The problem loan portfolio is $23MM.

With $23MM in problem loans and $5MM in equity, this place is bankrupt.

Why isn’t this place closed down?

Net income was ($8.8MM) in FY10.  They lost $1.3MM in Q1 2011.

Jim Valete is the CEO, he wiped out 275% of the equity in only 3 years.

Do you have money here?

This bank wouldn’t be my first choice.

Hometown Community Bank Braselton Georgia

 

She is chocking on her words

The battle of Lexington and Concord was fought in New Hampshire

Hometown Community Bank, Braselton Georgia was founded in 2008.  The Texas ratio is 452%.

The bank is on the under capitalized bank list.

Assets are $133MM and equity of $3MM

The problem loan portfolio is $34MM.

With $3MM in equity and $34MM in problem loans, this place is bankrupt.

Why isn’t this place closed down?

Net income was ($4.7MM) in FY10 and ($1.7MM) in FY09.  They lost $173k in Q1 2011.

Sean Childers is the CEO,  he bankrupted this place in record time.

Do you have money in this thing.

Gobal Commerce Bank Doraville Georgia

Hire this guy as CEO, he conservative christian values, married 3 times

He makes $1.8MM  a year to consult Fannie, hold on they are bankrupt and owned the tax payer

So the government uses your tax dollars to pay this guy to bankrupt a government entity, legal

Global Commerce Bank, Doraville Georgia was founded in 1995.  The Texas ratio is 293%.

What the hell is Global Commerce?     $4.5MM in equity

The company is on the under capitalized bank list.

Assets are $147MM with equity of $4.5MM.

The problem loan portfolio is $48MM.

They have $48MM in bad loans and $4.5MM in debt, this place is bankrupt.

Check out the website, they won’t tell you who the CEO is.

Whoever it is, they wiped out 300% of the equity.

Do you have money in this place?

Goldwater Bank Scottsdale Arizona

Under capitalized bank list ?

Problem bank list?

 

Goldwater Bank, Scottsdale Arizona was founded in 2007.  Great timing.  The company took $2.5MM in tax payer funded bailout money, which they can’t pay back.  Then again, they haven’t even paid interest on this money since 2/10.  They are also on the problem bank list.  The Texas ratio is 103%.

They are also on the under capitalized bank list. You might as well slap them on the insolvent bank list.

Assets are $190MM with equity of $5MM.

The problem loan portfolio is $11MM

With $11MM in problem loans and $5MM in equity, they are bankrupt.

Net income was ($1.5MM) in FY10 and ($7.8MM) in FY09.  They lost another $3MM in Q1 2011.

They lost another $3MM in Q2.

With net income of $7MM and overhead of $25MM in FY10, these clowns lose money just opening the doors, let alone making a ton of bad loans.

Do you have money in this disaster?

First National Bank of Baldwin County Foley Alabama

This place lost $4,441,000 in Q4 2011, wiping half of the remaining equity

The Texas ratio is 90%, this is one of the worst banks in the state

Do you have money in this bankrupt entity?

Hazardous Commercial Lending

Can’t be any more hazardous than these 3

First National Bank of Baldwin County, Foley Alabama was founded in 2001.  The company is on the problem bank list, for hazardous commercial real estate lending.  The Texas ratio is 76%.

They are also on the under capitalized bank list.  They might as well be on the insolvent bank list.

Assets are $244MM with equity of $14MM.

The problem loan portfolio is $14MM.

Do you think this place is bankrupt?

Net income was ($4.7MM) in FY10 and ($5MM) in FY09.  They lost another $1.3MM in Q1 2011.

Wade Neth is the CEO, who bankrupted this place.

He wiped out 43% of the equity in 3 years.

Hey Wade, the net income was $7MM and the overhead was $8MM in FY10.  Do you think there is a problem with the operating leverage?

You lose money just opening the door, let alone making a ton of bad loans.

Patterson Bank Patterson Georgia

Are these you banksters, William Hughes wiped out a 100 year old bank

Patterson Bank, Patterson Georgia was founded in 1907.  They are on the problem bank list.  I guess with a Texas ratio of 238%, they are well qualified.

They are on the under capitalized bank list.  If there were an insolvent bank list, they would be on it also.

Assets are $151MM with equity of $6MM.

There are $29MM in problem loans.

With $29MM in problem loans and $6MM in equity, this bank is F$$??ing bankrupt.

Maybe this thing should be closed down.

Net income was ($2.6MM) in FY10 and ($1.6MM) in FY09.  They lost another $557k in Q1 2011.

This place will be wiped out in no time.

William Hughes is the CEO, he destroyed 100% of the capital in only 3 years, this guy is good.

The bank survived the Great Depression but it won’t survive William Hughes.

Do you have money in this bankrupt place?

William Hughes will take care of that for you.

This bank survived the great depression but it won’t survive William Hughes.

First Southern Community Bank Statesboro Georgia

First southern Community, Bank Statesboro Georgia was founded in 2002.  They are on the problem bank list, for hazardous commercial real estate lending.  The Texas ratio is 287%.

Assets are $174MM with equity of $4MM.

The problem loan portfolio is $34MM.  They have $12MM in non accrual construction loans, that alone will wipe them out.

They have $34MM in problem loans with $4MM in equity.

This bank is beyond bankrupt.

Why is this place not closed down?

Net income was ($14MM) in FY10 and ($9MM) in FY09.  They lost another $2.4MM in Q1 2011.

F. David Thomas is the CEO, this guy destroyed 375% of the equity in only 3 years.

David what does the F. stand for ?  I really F$?$*ed up this place in record time.

F$?$*ed is going to be what the tax payer is, when they have pay for the ignorance of F. David Thomas.

How about putting him in the first southern jail!

This place will be bankrupt in a few months.

Do you money in this bank?

You have the Statesboro blues!

Creekside Bank Woodstock Georgia

Hire this cat as CEO, he is cagey

Creekside Bank, Woodstock Georgia was founded in 2006.  Great timing.  They are on the problem bank list.  That might explain the 600% Texas ratio.

They are also on the under capitalized bank list.  If there were an insolvent bank list, they would be on that also.

Assets are $103MM, with equity of $2MM?

There are $27MM in problem loans.

What, there are $27MM in problem loans with $2MM in equity!

Do you think this place is bankrupt?

Why isn’t this thing closed down?

Larry Peterson the CEO, wiped out 287% of the equity in record time.

Net income was ($4.5MM) in FY10 and ($5.4MM) in FY09.  They lost another $507k in Q1 2011.

Larry Peterson is great at making bad loans and losing money.

Is anyone looking for an incompetent CEO?

Do you have money in this place?

Sunrise Bank Cocoa Beach Florida

 

Take a look at the new site

capital2risk.com

This is Larry Roselle, he got this place on the problem bank list

his place is bankrupt, Sunrise how about sunset, how about putting this guy in jail

Sunrise Bank Cocoa Beach Florida was founded in 2005.  Great timing.  They are on the problem bank list.  I guess when the Texas ratio is 240%, there might be a problem.

They are on the under capitalized bank list.  If there were an insolvent bank list, they would be on there also.

Assets are $121MM with equity of $1MM.

The problem loan portfolio is $17.5MM.

Holy S$$$$?t, they have $17.5MM in bad loans and $1MM in equity, this place is bankrupt.

The question is not when, but how soon will they shut this disaster down.

Talk about a zombie bank.

Larry Rosselle ran this place into the ground in record time, he should be in jail.

This clown wiped out 467% of the equity in 3 years.

Do you have money in this disaster.

The sun is not rising on Larry Rosselle, he needs to be incarcerated.

Community Bank of Bergen County Maywood New Jersey

Do you have money in this Ponzi?

 

Community Bank of Bergen County Maywood New Jersey was founded in 1928.  The stock is delisted.

Assets are $314MM with equity of $26MM.

There are $25MM in problem loans.

So, they have $25MM in problem loans with $26MM in equity, that is a problem.

Then again, they aren’t on the problem bank list, go figure.

Peter Michelotti is the CEO, this place survived the Great Depression but will it survive him?

North State Community Bank Raleigh North Carolina

        Check out Larry Barbour, he gets paid $385k, which includes a country club membership and a car allowance

The stock is de listed as he wiped out the stockholders

Do you have money with Larry?

North State Community Bank, Raleigh North Carolina was founded in 2000.  The stock is delisted.

Assets are $649MM with equity of $51MM.

The problem loan portfolio is $37MM.

They have $37MM in bad loans supported only $51MM in equity.

Why isn’t this place on the problem bank list?

The management team ran this place into the ground in record time, but they still pay themselves well.

Larry Barbour     “earned”  $385k

Kirk Whorf                  made$157k

David Shipp               made $183k

Sandra Temple          made $169k

William Wiley             made $107k

J. Kenneth  Sykes      made $687k

Margaret Pattison     made $179k

These salaries include country club fees and car allowances.

Larry Barbour got $31k in auto allowances and $21k in country club fees.  That is probably more than the average wage in North Carolina

Larry who is better than you, you wiped out the stockholders, bankrupted the company, and they pay you to play golf!

Maybe it is better if Larry is out golfing, it may stop him from making more bad loans.

J. Kenneth Sykes gets paid 40 basis points for his mortgage production, sounds somewhat illegal.

Net income was $1.4MM in FY10 and these executives made $1.8MM.  They make more than the whole company combined. That might be why the stock is delisted?

Do you have money in this zombie?

You are paying for Larry’s country club fees.

KS Bank Smithfield North Carolina

KS Bank Smithfield North Carolina was founded in 1924.   The company took $5MM in tax payer funded bailout money, which it won’t pay back.   The Texas ratio is 53%.  The stock is delisted.

Assets are $334MM with equity of $30MM.

The actual equity is $26MM, as the $4MM in tax payer funding is debt not preferred stock.

The problem loan portfolio is $31MM.

Hold on they have $31MM in problem loans with only $26MM in equity and they aren’t on the problem bank list?

This place is insolvent.

Why are they not on the problem bank list?

Harold Keen is the CEO.

Harold, where is the $4MM you stole from the tax payers?

Harold you took tax payer money, which you won’t pay back, and wiped out the stockholders.

Do you have money in this bank?

KY bank, lubed by tax payer money.

Crescent Bank Myrtle Beach South Carolina

Take a look at the new site

capital2risk.com

Check out David Morrow, he bankrupted this place in record time

He racked up $30MM in bad loans

Do you have money in this disaster?

David Morrow has bankrupted this place

Crescent Bank, Myrtle Beach South Carolina was founded in 2001. The Texas ratio is 81%.

Assets are $355MM with equity of $22MM.

The problem loan portfolio is $30MM.

So, they have $30MM in bad loans, with only $22MM in equity and they aren’t on the problem bank list?

This place is an insolvent, zombie bank.

Net income was ($12MM) in FY10 and they lost $553k in Q1 2011.

They lost $1.7MM in Q2 2011.

The CEO, David Morrow, wiped out 45% of the equity in only 3 years.

Do you have money in this insolvent place?

They are on the Crescent of bankruptcy.

Bank of the Lakes Owasso Oaklahoma

Mike Gibson is looking for your money?

 

Bank of the Lakes, Owasso Oklahoma as founded in 1976.  The Texas ratio is 62%

Assets are $184MM with equity of $19MM.

The problem loan portfolio is $19MM.

Wow, having $19MM in equity and $19MM in bad loans, can’t even get you on the problem bank list these day.

The CEO Mike Gibson, did a good job sinking this ship.

Do you have money in this thing?

You might want to jump into the lake.

Mike Gibson should be able to bankrupt this place in the near future.

This guy has got talent.

American Bank and Trust Davenport Iowa

would you  bank and trust with this place, I’ll stick Bernie Madoff

American Bank and Trust, Davenport Iowa was founded in 1999.  The company is on the problem bank list.  The Texas ratio is 65%.

Assets are $529MM, with equity of $41MM.

The problem loan portfolio is comical.  They have $31MM in problem loans, these jokers have $13MM in construction loans on non accrual.

With $31MM in bad loans and $41MM in equity, this place is insolvent.

Why isn’t this thing closed?

Net income was ($6MM) in FY10 and ($3MM) in FY09.  They lost another $921k in Q1 2011.

Thomas Criswell is the CEO who wiped this place out.

He eroded 31% of the equity in only 3 years.

Thomas, in FY10, net income was $21MM and the overhead was $33MM.  Do you think there is problem with the operating leverage?

These guys lose money just opening the doors, couple that with all the bad loans they make.  This place is a walking disaster.

Do you keep your money here?

Idaho Independent Bank Coeur D’Alene Idaho

Jack Gustavel ran this bank into the ground and wiped out the stockholders

He pays himself $480K, which includes a country club membership a a car allowance.

This cat is adept at making bad constuction loans

Why is he smiling, for getting paid $480k to destroy a bank, I would be smiling also

Idaho Independent Bank, Coeur D’Alene Idaho was founded in 1993.  The stock is delisted.

Assets are $447MM with equity of $55MM.

The problem loan portfolio is impressive.  They have $49MM in problem loans.  Get this, they have $30MM in construction loans on non accrual.

With $49MM in problem loans and $55MM in equity, this place is insolvent.

This zombie should closed.

Why isn’t this place on the problem bank list. I would think being insolvent would be a problem.

The executives ran this place into the ground but at least they pay themselves well to do it.

Jack Gustavel      made $480k

Paul Montreul   made $143k

Kurt Gustavel   made $246k

Rod Colwell       made $140k

This includes country club fees and car allowances.

The Gustavel’s, wiped out the shareholders, bankrupted the bank and get paid to play golf.  These clowns have it made.

Do you have money in this zombie bank?

The Gustavel’s need your money for the country club fees.

Citizens Independent Bank Saint Louis Park Minnesota

This place is history, thanks Brad

Citizens Bank Saint Louis Park Minnesota was founded in 1950.  For some reason, they are not on the problem bank list.

Assets are $309MM with equity of $25MM.

The problem loan portfolio is $31MM.

Hold on, they have $31MM in problem loans and $25MM in equity.

Do your think, they should probably be on the problem bank list.

They are looking pretty insolvent.

Brad Bakken, the CEO, has done a good job of racking up problem loans.

Farmers Bank & Trust Bend Kansas

Would you bank or trust this place, talk about getting bent

Thanks Bill Robbins, you wiped out a 100 year bank

Farmers Bank and Trust Bend Kansas was founded in 1907.  The company is on the problem bank list.  The Texas ratio is 39%.

Assets are $642MM with equity of $70MM.

The problem loan portfolio is $38MM.

The problem loan portfolio could wipe out a significant level of the equity position.

Maybe that is why they are on the problem bank list.

Bill Robbins is the CEO, this place might have survived the recession but is might not survive Bill Robbins.

Do you have $ in this bank?

Bill Robins will bend you over. Get Bent

The Farmers Bank of Bulh Idaho

Mike Hanlton destroyed this 100 year old bank, with hazardous lending

The Famers Bank of Bulh Idaho was founded in 1917.  The company is on the problem bank list for hazardous commercial real estate lending.

Assets are $369MM with equity of $47MM.

The problem loan portfolio is $42MM.

That is pretty scary, $42MM in bad loans with $47MM in equity.

This place is technically insolvent.

The problem loans, could easily wipe out the rest of the equity.

Mike Hanlton is the CEO, this place survived the great depression, can it survive Mike Hanlton.

Got money in this place? You might be hanging with Mike Hanlton and his swine.