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.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV