US Banks with Texas ratio above 100% declined in Q4 2022

Alex Graf of Xylex Mangulabnan has authored an article about US Banks with Texas ratios* above 100%

*S&P Global MarketIntelligence defines the adjusted Texas ratio as nonperforming assets plus loans 90 days or more past due—excluding delinquent government-guaranteed loans and otherreal estate owned covered by loss-sharing agreements with the Federal Deposit Insurance Corp.—divided by tangible equity plus loan loss reserves.