CHICAGO ( TheStreet) -- Illinois has had 12 banks fail so far this year, the most of any state except Georgia, with 16.
Still, an analysis of Illinois banks and thrifts by TheStreet.com Ratings identified 76 institutions that were in good shape as of March 31. The state has had so many failures, as well as successes, because there are so many banks and thrifts -- 645 -- as regulators allowed branch banking later than most other states. So the Land of Lincoln is lagging behind in the consolidation of its small banks. (See TheStreet.com's interactive Bank Failure Map for a summary of all failed banks and thrifts for 2008 and 2009.)
Strongest Illinois Banks and Thrifts
Based on March 31 financial reports, 76 Illinois institutions were rated B-plus (good) or higher, down from 80 the previous quarter.
Largest Illinois InstitutionsThe following table includes capital, earnings and asset-quality ratios for the 10 largest Illinois banks and thrifts.
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