NEW YORK - July 30, 2010 - FDIC actions this week led to many changes in the Unofficial Problem Bank List as they closed five institutions and finally released their enforcement actions for June 2010. The list total finally pushes through the much-anticipated 800 level and finishes the week at 808 with aggregate assets of $414.8 billion.

Along with the five failures - LibertyBank ($768 million), The Cowlitz Bank ($537 million), Coastal Community Bank ($378 million), Northwest Bank & Trust ($168 million), and Bayside Savings Bank ($66 million) - there were four other removals because of action termination - Domestic Bank ($234 million), Plaza Bank ($178 million), Citizens State Bank ($114 million), and Libertad Bank SSB ($41 million); and three other removals because of unassisted mergers - Pamrapo Savings Bank ($551 million), Sterling Bank ($369 million), and Colorado Mountain Bank ($82 million).

There are 28 additions this week with aggregate assets of nearly $9 billion. Most notable among the additions are Communityone Bank, National Association, Asheboro, North Carolina ($2.0 billion); The Palmetto Bank, Laurens, South Carolina (1.3 billion); Prosperity Bank, Saint Augustine, Florida ($929 million); Jefferson Bank and Trust Company, Eureka, Missouri ($845 million); and Oxford Bank & Trust, Oak Brook, Illinois ($643 million).

Geographically among the 28 additions are four based in Florida, three in Minnesota, and two each in Illinois, Montana and Wisconsin.

The other change to the report is a Prompt Corrective Action Order issued against Los Padres Bank ($902 million) by the OTS.