Texas Banks Holding Strong -- Except in the Dallas-Fort Worth Area
A study released today by Austin-based Sheshunoff and Co. Investment Banking reveals that the state of the banking industry in Texas is strong -- except in Dallas-Fort Worth, where the assets-to-loans ratio is on par with the woeful national average. Notes a managing partner in the banking industry advisory firm, "Dallas is running very close the national average. They have a lot of diversity in their industries, less oil and gas, and lots of banks, which creates more competition and as a result, they may have offered lower rates. Dallas is really a hub of the nation, and reflects the national trend in banking.” Here's a very detailed breakdown of DFW-area banks, extending all the way from Waxahachie to Farmersville. Included: years in which the banks were founded. Not included: money now kept under area mattresses. --Robert Wilonsky
Get the ICYMI: Today's Top Stories Newsletter
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in Dallas, delivered to your inbox Monday through Friday.