The ABA has been claiming that community banks shouldn’t be regulated because they are awesome

Really? 98 of the 105 so far are small banks.

A year after getting a lifeline from the Treasury Department, Midwest Banc Holdings Inc. once again finds itself in a precarious capital position.

Credit quality at the Melrose Park, Ill., company took such a sharp nosedive in the third quarter that analysts said it is technically insolvent, with a negative tangible common equity ratio. The $3.5 billion-asset company is also undercapitalized by regulatory standards.

Midsize banks are against paying for goliath’s blunder

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Filed under Lobbyists, Stupid banks

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