The list is sorted by rating, then alphabetically city, and then by institution name.
All of the Texas banks and thrifts on Weiss's recommended list were strongly capitalized as of Dec. 30, with total risk-based capital ratios exceeding 12% and 65% had total risk-based capital ratios exceeding 20% or twice the level most institutions need to be considered well-capitalized by regulators.
Among the recommended Texas institutions, 72% had fourth-quarter returns on average assets exceeding 1%.
Thorough Bank Failure CoverageThere have been no bank or thrift failures in Texas this year. Since the current wave of bank and thrift closures began in 2008, Texas has seen only 10 failures, which reflects the state's escape from the word effects of the real estate crisis, but is still a small number, considering how many banks there are in the state. Georgia leads all states with 75 institutions closed by regulators since the beginning of 2008, followed by Florida, with 60 failures, Illinois with 48, and California, with 38 bank and thrift closures. There were two bank failures in Georgia and Minnesota on Friday. All 423 U.S. bank and thrift closures since the beginning of 2008 are detailed in TheStreet's interactive bank failure map:
Philip van Doorn. To follow the writer on Twitter, go to http://twitter.com/PhilipvanDoorn.
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