Based on recommendations from readers, we've added a new feature to our Bank Health Ratings page. At the bottom half of the page, we have a new table showing the Texas Ratios of banks and credit unions. You can choose to list the banks with the worst or the best Texas Ratios. You can also filter the list by institution type, by asset size and by state.
Unlike most other Texas Ratio lists on the web, we include both banks and credit unions.
Texas Ratio Overview
For those not familiar with Texas Ratio, please refer to the post, Evaluate the Health of Your Bank. In summary, Texas Ratio is an industry standard for calculating the health of a bank. Anything over 100% is considered at risk. However, it's not the only factor to consider, and a high Texas Ratio does not necessarily mean the institution will fail.
One thing to note about our Texas Ratios is that at-risk loans that are backed by the government are filtered out. If you see differences between our Texas Ratios and the Texas Ratios in other lists, that may be the reason.
Finding an Institution's Texas Ratio & Other Stats
If you can't find your bank or credit union on the list, you can use the search box right above the list to find your institution. The Texas Ratio of your institution might be in the middle of the pack so it won't be on the worst or best list.
The list should not show banks and credit unions that have been closed. When an institution closes, we mark the institution as inactive. That prevents the institution from showing on this list.
If you click on the name of the institution in the list, you can see our hub page for that institution. You can use the tabs on the hub page to view our health page which includes not only the Texas Ratio, but many other statistics such as the assets and deposits. There's also our own rating for the institution which combines the Texas Ratio with a few other factors including capitalization level.
Based on FDIC & NCUA Data
These Texas Ratios are based on data that's publicly available from the FDIC and NCUA. Each bank files with its regulator a Call Report at the end of each quarter. The FDIC collects, corrects, and makes the Call Reports available online. This usually takes just under two months after the end of the quarter. The 2010 second quarter FDIC release occurred on August 31, 2010. The FDIC should be releasing Q3 2010 data later this month. Once the data is released, we should have these Texas Ratios updated in a couple of days.