CHICAGO (TheStreet) -- Illinois, which has more banks and thrifts than any other state, counts 71 institutions with "recommended" ratings of B-plus (good) or higher, according to a review by TheStreet.com Ratings. But 11 of Illinois' 641 banks and savings and loan associations were weighed down with critically poor loan quality.
The most recent Illinois failure and the largest in the state during the crisis was Corus Bank of Chicago, closed by federal regulators on Sept. 11. Corus' deposits were sold by the Federal Deposit Insurance Corp. to MB Financial (MBFI). (See TheStreet.com's enhanced interactive Bank Failure Map for a detailed summary.)
Strongest Illinois Banks and ThriftsIn addition to 71 institutions rated B-plus or above in the second quarter, down from 75 in the previous quarter, the state has 37 banks and thrifts rated A- (excellent) or higher.
Largest Illinois InstitutionsThe following includes capital, earnings and asset-quality indicators.
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