About Ken Tumin

Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.

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Bank Health Ratings Updated from First Quarter FDIC & NCUA Data


Bank Health Ratings Updated from First Quarter FDIC & NCUA Data

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.

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Anonymous   |     |   Comment #1
Thanks Ken, for the updating health ratings.

Interestingly though, I checked both Bankrate and Bauer, and they still have (as of today) data only as of December 2010, not the updated data. I wonder why they don't update their own pages with the updated data?

According to your page (which has 2011 data) one of my banks (Inter Naitonal Bank of Texas) improved quite a bit, going from 3 stars to 4 stars on your scale, and really improved both their deposits and Texas Ratio Trend. That's good news (don't want them to do a Darby). But just surprised that the bank ratings companies themselves haven't updated their own pages...

KenBDG   |     |   Comment #2
Bankrate used to take almost two months after the FDIC release to update their ratings. I think they're a little quicker now. Bauer has always been quicker than Bankrate. They usually have their database updated in 2 to 3 weeks.