I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
Texas ratio is a formula where loans that are near defaulting (90 days) or are defaulting is divided by the equity of the bank (stocks, shares and properties even inventory) plus the loan reserve (reserves in case of customer defaulting which is usually 10% of the total loans)...it is considered that anything that is 100 or above is not good and is a signal of poor financial health...well there are more than 7 500 banks check if your bank is one of them...in california, texas and florida many of these banks have been shut down already i mean went out of business ....
Texas ratio is a formula where loans that are near defaulting (90 days) or are defaulting is divided by the equity of the bank (stocks, shares and properties even inventory) plus the loan reserve (reserves in case of customer defaulting which is usually 10% of the total loans)...it is considered that anything that is 100 or above is not good and is a signal of poor financial health...well there are more than 7 500 banks check if your bank is one of them...in california, texas and florida many of these banks have been shut down already i mean went out of business ....
ReplyDelete