We have updated our bank financial ratings and data to include the latest financial information from all U.S. banks and credit unions. Last week the FDIC released its first quarter report. 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.
My technical partner has finished pulling in this data for all the banks and credit unions. Our health ratings and our Texas Ratios are based on this publicly available data. This is the same data used by Bankrate and BauerFinancial.
These latest Texas Ratios are also shown in our Bank Health Ratings page. At the bottom half of the page, we have a 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.
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, deposits and our own health ratings.