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 Coverage

There 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:

The bank failure map is color-coded, with the states having the greatest number of failures highlighted in dark gray, and states with no failures in light green. By moving your mouse over a state you can see its combined 2008-2011 totals. Then click the state to open a detailed map pinpointing the locations and providing additional information for each bank failure.


-- Written by Philip van Doorn in Jupiter, Fla.

To contact the writer, click here: Philip van Doorn.

To follow the writer on Twitter, go to
Philip W. van Doorn is a member of TheStreet's banking and finance team, commenting on industry and regulatory trends. He previously served as the senior analyst for Ratings, responsible for assigning financial strength ratings to banks and savings and loan institutions. Mr. van Doorn previously served as a loan operations officer at Riverside National Bank in Fort Pierce, Fla., and as a credit analyst at the Federal Home Loan Bank of New York, where he monitored banks in New York, New Jersey and Puerto Rico. Mr. van Doorn has additional experience in the mutual fund and computer software industries. He holds a bachelor of science in business administration from Long Island University.

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