Troubled local banks

Dick Barron has an interesting article today, looking at the financial health (or lack thereof) of local banks. He references some eye-opening data from The Investigate Reporting Workshop:

A News & Record comparison of the Triad’s banks using that data showed that CommunityOne is by far the most troubled bank.

Carolina Bank and NewBridge Bank, although in much better shape, face substantial issues with their balance sheets, and rank second and third on the local list. Burlington’s VantageSouth Bank also has a relatively large Troubled Asset Ratio."