Today is the final day for filing call reports for the nation’s banks. At the moment that I’m writing this we have 6,623 banks reporting for Q4 2010. The previous reporting period saw 7,094 banks report. While our data showed that we should anticipate 7,019 banks reporting this quarter that number has since adjusted downward to just 6,999.
With some 94% of banks call reports for 12/31/2010 in the database we’re still not yet able to get a handle on what the final tally will be will be primarily due to the fact that some of those banks yet to file are the largest institutions with the biggest portfolios of non-performing loans and REO, namely JPMorgan Chase and Bank of America.
Look for updates to the Commercial REO Report and the Multifamily REO Report as early as tomorrow afternoon as well as some new reports including Non Performing Loan Reports and REO reports for the residential and construction assets later in the week.