Evaluate the Financial Health of Your Bank

The global financial crisis of 2008 has prompted many to take a second look at the health of their financial institutions. Many banks and credit unions were not as financially healthy as many believed. How many banks and credit unions have actually failed? Have things improved? What about the “Too Big to Fail” banks? Which states are home to the healthiest and riskiest banks? Where does your bank rank? Click through the below slideshow to find out.

Are Banks Healthier Today Than in 2008?

If you are not concerned about the financial health of your bank or credit union, you should be. Many folks assume that because their accounts are protected by the FDIC or NCUA, there is nothing to worry about – even if the financial institution fails. While this is largely true as long as you are below the $250,000 maximum insured limit, there are a number of inconveniences associated with having your money in a failed bank or one that is on the verge of failing:

2017 List of the Healthiest Banks and Credit Unions in America

(published March 2017; data as of 12/31/16)

1First Citizens State BankWhitewater, WI1Nova UA Federal Credit UnionClifton, NJ
2Bank of GeorgeLas Vegas, NV2Greater Springfield Credit UnionSpringfield, MA
3Home Bank of CaliforniaSan Diego, CA3Cascade Community Credit UnionRoseburg, OR
4First National Bank of Southern CaliforniaRiverside, CA4Denver Community Credit UnionDenver, CO
5Lighthouse BankSanta Cruz, CA5South Florida Educational Federal Credit UnionMiami, FL
6California First National BankIrvine, CA6Northwestern Mutual Credit UnionMilwaukee, WI
7US Metro BankGarden Grove, CA7St. Paul Federal Credit UnionSaint Paul, MN
8The First National Bank of LouisburgLouisburg, KS8Pioneer Mutual Federal Credit UnionSugar Land, TX
9Grand Ridge National BankGrand Ridge, IL9F&A Federal Credit UnionMonterey Park, CA
10The Commerce Bank (Evansville, IN)Evansville, IN10Rocky Mountain Law Enforcement Federal Credit UnionLone Tree, CO
Show Full List ∨

How Do You Know if Your Bank is at Risk?

The FDIC and NCUA each maintain a watch list of banks and credit unions they believe are at risk of failing, but they keep these lists secret in order to prevent panic among customers at those institutions, resulting in more failures. They do, however, publish the raw financial numbers for each institution every quarter. It is possible to use different formulas with this data to determine the financial health of banks and credit unions. EpBooks uses its own proprietary formula to assess the financial health of all federally insured banks and credit unions in the US. Peruse some of the key components of the formula that are discussed below, and then see how your bank or credit union measures up by using the search box below.

Texas Ratio

Developed at RBC Capital Markets, the Texas Ratio is a relatively straightforward and effective way to determine the overall credit troubles experienced by financial institutions. It is determined by comparing the total value of at risk loans to the total value of funds the bank has on hand to cover these loans. At risk loans are any loans that are more than 90 days past due and are not backed by the government. The amount of funds on hand consists of the loan loss allowance that the bank has set aside plus any equity capital.

For example, a bank with $65 million in at risk loans and $72 million in cash on hand to cover those loans would have a Texas Ratio of $65mm / $72mm, which is 90.3%. This figure is approaching the 100% threshold, which is considered very risky. You can also look at the trend in this Texas Ratio as an additional factor to tell if the bank's financial health is heading in the right direction.

Deposit Growth

When people put money in a bank, it is an indicator of confidence. It also increases the money that a bank has on hand and can help strengthen the balance sheet of the bank. You can look to see the amount of total deposits that a bank has and look to see whether they have been increasing over time. A strong track record of stable growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The opposite can be an indicator of a decline in confidence in the institution and, if pronounced and prolonged, can mean that the bank’s ability to keep a strong balance sheet is in jeopardy.


Another quick, at-a-glance indicator of bank financial health is its available capital. You can figure available capital with a direct calculation of an institution’s assets minus its liabilities. Stronger capital means that more assets are available to cover potential losses.

How Does Your Bank Measure Up?

Search For Your Bank

Best and Worst Banks and Credit Unions by Texas Ratio

In addition to our proprietary health rating system that assigns an overall letter grade to financial institutions based on a number of factors, we recognize that many visitors also want to see the raw Texas Ratio figures for each financial institution. Use the filter options below to access our database and search by best/worst, institution type (banks/CUs), state, and asset size.

Show the in with assets of

Bank or Credit UnionHeadquartersTexas RatioAssets
Scotiabank de Puerto RicoSan Juan, PR49.87%$4.15 billion
First National Bank of AmericaEast Lansing, MI32.52%$1.24 billion
Carter Bank & TrustMartinsville, VA32.51%$4.31 billion
Beal BankPlano, TX30.74%$2.12 billion
FirstBank (PR)Santurce, PR28.48%$11.90 billion
Banco Santander Puerto RicoSan Juan, PR27.18%$5.45 billion
Beal Bank USALas Vegas, NV26.23%$5.30 billion
The Bancorp BankWilmington, DE24.16%$4.31 billion
Oriental BankSan Juan, PR23.86%$6.20 billion
The Brand Banking CompanyLawrenceville, GA23.45%$2.31 billion
MidSouth Bank, National AssociationLafayette, LA22.38%$1.94 billion
Emigrant BankNew York, NY20.23%$6.41 billion
The First National Bank in Sioux FallsSioux Falls, SD19.98%$1.16 billion
Medallion BankSalt Lake City, UT19.51%$1.08 billion
Gulf Coast Bank & Trust Co.New Orleans, LA19.3%$1.66 billion
Peoples National Bank, N.A.Mount Vernon, IL19.2%$1.12 billion
BankWest (SD)Pierre, SD19.17%$1.02 billion
Lone Star National BankPharr, TX19.1%$2.22 billion
Premier Bank, Inc.Huntington, WV19.09%$1.07 billion
Radius BankBoston, MA18.55%$1.02 billion
Queensborough National Bank & Trust CompanyLouisville, GA18.39%$1.03 billion
Harbor Community BankFort Pierce, FL17.08%$1.88 billion
Summit Community Bank (WV)Moorefield, WV17.07%$2.09 billion
Whitaker BankLexington, KY16.82%$1.33 billion
United Bank (WV)Parkersburg, WV16.46%$6.13 billion
Alma BankAstoria, NY16.05%$1.08 billion
Somerset Trust CompanySomerset, PA15.85%$1.11 billion
First Commerce Bank (NJ)Lakewood, NJ15.69%$1.02 billion
Community National Bank (24897)Midland, TX15.57%$1.09 billion
West Suburban BankLombard, IL15.48%$2.29 billion
Republic Bank (Philadelphia, PA)Philadelphia, PA15.38%$2.04 billion
First United Bank & TrustOakland, MD15.35%$1.31 billion
NBH Bank, N.A.Kansas City, MO14.86%$4.68 billion
Community Financial Services BankBenton, KY14.53%$1.02 billion
Southern Bancorp BankArkadelphia, AR14.49%$1.22 billion
Republic Bank of ChicagoOak Brook, IL14.45%$1.89 billion
Los Alamos National BankLos Alamos, NM14.23%$1.31 billion
Amalgamated Bank of ChicagoChicago, IL14.21%$1.06 billion
Armed Forces BankFort Leavenworth, KS14.2%$1.07 billion
Byline BankChicago, IL13.98%$3.28 billion
Bridgeview Bank GroupBridgeview, IL13.92%$1.10 billion
First Western Bank & TrustMinot, ND13.6%$1.07 billion
Dubuque Bank & TrustDubuque, IA13.55%$1.44 billion
Planters Bank & Trust CompanyIndianola, MS13.4%$1.06 billion
The Park National BankNewark, OH13.25%$7.76 billion
First Bank of Highland ParkHighland Park, IL13.21%$1.54 billion
Equity BankAndover, KS12.98%$2.41 billion
The Citizens Bank of Philadelphia, MississippiPhiladelphia, MS12.83%$1.02 billion
BankPlusBelzoni, MS12.8%$2.73 billion
Northrim BankAnchorage, AK12.79%$1.48 billion