WebJan 7, 2024 · The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses. As of December 31, 2024, Discover Bank had $1,277,656,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,921,547,000 in equity and $7,374,000,000 in loans loss reserves. WebJun 1, 2024 · The beauty of the Texas ratio is that it's comprised of seven data points from financial info banks provide to the FDIC and the FDIC provides to the public. So unless …
Safest Banks in United States - According to Texas Ratio
WebApr 15, 2016 · The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses. As of December 31, 2024, Santander Bank, N.A. had $405,889,000 in non-current loans and $4,437,000 in owned real estate. To cover these potential losses it had $11,186,420,000 in equity and $1,251,359,000 in loans loss reserves. WebMar 22, 2024 · For those of us grandfathered in when GE Interest Plus became Synchrony in 2015, the yield is now 4.05%. Synchrony Is Latest Major Online Bank To Offer A 5% CD - 2/25/2024. Synchrony Bank increased the rate of its 14-month CD to 5.00% APY. Other CD rates were increased, but these changes are less noteworthy. Rates are accurate as of … cnh mount pleasant
TD Bank, National Association Banks.com
WebDec 8, 2016 · The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses. As of December 31, 2024, JPMorgan Chase Bank, National Association had $8,569,000,000 in non-current loans … WebAug 25, 2024 · The Texas ratio is determined by dividing the bank's nonperforming assets (nonperforming loans and the real estate now owned by the bank because it foreclosed on the property) by its tangible common equity and loan loss reserves. Tangible common equity is equity capital less goodwill and intangibles. WebFDIC#: OR . Star ratings are current as of 04/14/2024 . ... In general, banks are required to maintain a leverage capital ratio of at least 4%, a tier 1 risk-based capital ratio of at least 6% and a total risk-based capital ratio of at least 8%. In addition to the capital ratio, other criteria are used to determine the BauerFinancial™ Star ... cnhmyservice