Another thing to consider is that the list doesn't reflect any additional capital these institutions might have raised during the first quarter of 2009.
Plenty of Strong Georgia Banks and Thrifts
Of course, the news for Georgia's banks and thrifts is not all bad. Based on Dec. 31 financials, 83 of Georgia's 331 banks and thrifts were rated a B- (good) or above.
Here's a list of all Georgia institutions rated B+ or higher:
RatingsTheStreet.com Ratings issues independent and very conservative financial strength ratings on each of the nation's 8,500 banks and savings and loans. These are available at no charge on the Bank & Thrift Ratings Screener. In addition, the Financial Strength Ratings for 4,000 life, health, annuity, and property/casualty insurers are available on the Insurers & HMOs Screener.
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