BANKTRACKER

SEARCH FOR A BANK
SEARCH FOR A CREDIT UNION
SEARCH TARP RECIPIENTS
METHODOLOGY
ABOUT THE AUTHOR
CONTRIBUTORS

More banks feeling pressure from bad loans

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BankTracker methodology

Detailed information about the data and analysis behind the Banktracker project. More

Methodology for credit union analysis

Detailed information about the data and analysis behind the credit union portion of the BankTracker project. More

BankTracker Q&A

Some things to keep in mind when reviewing this information. More

Previous report: Banks have another tough quarter

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Previous report: Credit unions feel recession pain

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Previous report: Nation's banks feeling the pinch

The worsening recession has taken its toll on the nation's banks, resulting in a rapid buildup of nonperforming loans and foreclosed property on bank books. More

Wendell Cochran

Wendell Cochran


Phone: 202 885-3600

Wendell Cochran is the founding senior editor of the Investigative Reporting Workshop. He joined the American University School of Communication in 1992. Cochran has spent more than 40 years practicing and teaching journalism. Along the way he has covered everything from local government to Congress to presidential campaigns. He has bylines from nearly 40 of the 50 states. He worked as a business reporter, special projects editor, and project director for leading news organizations including the Kansas City Star, Des Moines Register and Gannett News Service. He is a former member of the board of directors of Investigative Reporters and Editors, Inc. He spent most of his career as a business reporter and editor, specializing in topics such as agricultural policy, international trade, and banking and finance. His stories have won or shared four national reporting awards, including the Amos Tuck Award for Economic Understanding, the John Hancock Award for Business Reporting (twice) and the National Headliners Award.

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Is your bank 'underwater'? Check its debt level

"While it is not an official FDIC statistic, nor is it intended as a definitive predictor of the likelihood of bank failure, the troubled asset ratio apparently is a strong indicator of severe stress inside a bank because it shows the bank's ability to withstand loan losses. Of the 92 banks that have failed so far this year, 84 had troubled asset ratios of 100 percent or greater in the final quarter they reported data before they closed."

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