More small banks ailing?

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So far this year, the government has closed 34 banks, a figure that includes the rescue of BankUnited. In metropolitan Atlanta and the state of Florida , the article notes that "more than 50 banks reported non-performing asset levels of 10 percent or more of total assets as of the end of March, according to data from investment bank Carson Medlin.

The conventional wisdom now holds that while the biggest banks may be turning a corner--though there is plenty of skepticism--lots of smaller ones are girding for more losses on commercial real estate and small business loans. The FDIC just reported that problem banks now number 305, up from 252 the previous quarter. These are almost all small banks.  

For more:
- here's the article

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