PFF Bancorp troubles

User Forum Topic
Submitted by qwerty007 on May 12, 2008 - 9:43am

Just heard that this local bank in the Inland Empire, may be in difficulties due to commercial loans. Anybody heard anything?

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I havn't heard anything
Submitted by PadreBrian on May 12, 2008 - 10:19am.

I havn't heard anything about them, but yeah the next banks to go are the banks that over did the commercial/development loans.

This bank's been in trouble
Submitted by davelj on May 12, 2008 - 11:45am.

This bank's been in trouble for many months now. It's been a high-risk-to-fail institution for almost a year. There's a greater than 50% likelihood that it will fail in the next 6 months. It might get recapitalized... but I doubt it. And if it does get recapped, it'll happen below $2/share. VNBC is another one that's likely to fail.