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Rancho Santa Fe’s John Eggemeyer III faces more scrutiny with his small banks
In most any other industry that exists, privately held companies protect their financial information and it is difficult to determine how much money a company is making or what their financial condition looks like. Not so with respect to financial institutions. Of all the industries that exist, banks are arguably one of the only industries where any banking company in the industry (privately owned or publically traded) can easily be researched to determine the bank's financial condition. Each quarter, every bank in the nation is required to post its financial condition on the FDIC web site. Its a simple matter to go to the web site, type in the name of the bank and then drill down to look at any aspect of the bank's financial condition that you have an interest in researching. Here is the web site http://www4.fdic.gov/IDASP/main.asp— July 28, 2008 9:38 a.m.