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FDIC's unusual order against tiny Utah bank: Sell yourself or liquidate

American Banker

The FDIC's public rebuke against it indicates a last-ditch effort to figure out a less messy solution than receivership. One of the smallest banks in the country hasn't consistently made a profit since 2007 and has been the subject of enforcement actions.

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A Utah bank is gone after 16 years of losses. Why did it survive so long?

American Banker

Experts criticized the FDIC for allowing the bank's demise to play out in slow motion. Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators.

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