Eighty-Nine U.S. Banks, Thrifts Lack Capital

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Eighty-two banks and seven thrifts across the U.S. failed to hold the amount of money required by regulators, according to a full set of preliminary regulatory data for banks and savings and loan associations as of March 31.

A bank or S&L typically needs to maintain tier 1 leverage, tier 1 risk-based and total risk-based capital ratios of at least 5%, 6% and 10% to be considered well-capitalized. The ratios need to be at least 4%, 4% and 8% for an institution to be considered adequately capitalized.

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