Ratings group: Local banks strong, healthy
- Publication
- Wilmette Life, 16 Oct 2008, p. 124, 125
Description
- Creator
- Ruth Solomon
- Media Type
- Newspaper
- Item Types
- Articles
- Graphics
- Notes
- Of the 21 banks surveyed, approximately 3/4 had non-performing loans lower than 3 percent, considered a good sign. All the banks had capital ratios well above 4 %, allowing them to maintain cushions against loses. Bauer ratings are based on figures that the banks supply to federal regulators every three months on income, capital levels, loans and bad loans.
Chart titled: How is your bank doing? names local banks with statistical information on tangible capital, tangible assets, net income, total loans, bad loans and Bauer rating. Wilmette banks named include North Shore Community Bank & Trust, Premier Bank, and Edens Bank - Date of Publication
- 16 Oct 2008
- Subject(s)
- Local identifier
- Wilmette.News.297898
- Language of Item
- English
- Copyright Statement
- Protected by copyright: Uses other than research or private study require the permission of the rightsholder(s). Responsibility for obtaining permissions and for any use rests exclusively with the user.
- Contact
- Wilmette Public LibraryEmail:refdesk@wilmettelibrary.info
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