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BUILDERS NAB LLC v. F.D.I.C.

Nos. 18-2799 & 18-2804.

922 F.3d 775 (2019)

BUILDERS NAB LLC, Plaintiff-Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided April 25, 2019.

Attorney(s) appearing for the Case

Richard D. Grossman , Attorney, LAW OFFICES OF RICHARD D. GROSSMAN, Chicago, IL, for Plaintiff-Appellant.

Joseph Brooks , Attorney, Andrew J. Dober , Attorney, FEDERAL DEPOSIT INSURANCE CORPORATION, Arlington, VA, for Defendant-Appellee.

Before Flaum, Easterbrook, and Sykes, Circuit Judges.

After an examination in 2015, the Federal Deposit Insurance Corporation assigned Builders Bank a CAMELS rating of 4, near the bottom of the scale. The acronym, which stands for capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk, reflects a bank's ability to withstand financial...

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