Bank CAMELS
Bank safety ratings based upon financial institutions’ Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, and Sensitivity (CAMELS)

Bank Safety Rating


Protect your money. Avoid weak banks

May 23, 2020 |  Categories:  Bank Safety Rating  

Hundreds of banks failed during the Great Recession period, with 157 in 2010 alone.  Given the current economic stress, many banks will fail for sure.

If your bank fails, you may lose money indirectly, even with FDIC insurance, and will surely suffer the headache of disruptions: 

  1. Once a bank is …


Failed First State Bank Was Properly Rated With The Worst Rating

April 7, 2020 |  Categories:  Bank Safety Rating  

On Friday, April 3, 2020, The First State Bank was closed by the West Virginia Division of Financial Institutions.  This marks the second bank failure for this year.

"The First State Bank has experienced longstanding capital and asset quality issues, operating with financial difficulties since 2015. The bank's December 31, …


The Failure of Ericson State Bank Was Properly Indicated By Our Rating

March 28, 2020 |  Categories:  Bank Safety Rating  

On Friday, February 14, 2020, Ericson State Bank was closed by the Nebraska Department of Banking and Finance (Source: FDIC ).  This marks the first bank failure in 2020.

The state shuttered the bank after regulators found "large out-of-territory commercial loan losses" and "poor management practices" made it insolvent.

This …


The Worst Rated Banks Q4 19

March 25, 2020 |  Categories:  Bank Safety Rating  

The following banks have the worst rating (numeric rating 1 or one star rating) based upon data up to Q4, 2019:

ERICSON STATE BANK, ERICSON, NE

ALMENA STATE BANK, ALMENA, KS

FIRST STATE BANK, THE, BARBOURSVILLE, WV

 FIRST CITY BANK OF FLORIDA, FORT WALTON BEACH, FL

FARMERS BANK, THE, CARNEGIE, …


Bank Failures Due to Fraud

Feb. 6, 2020 |  Categories:  Bank Safety Rating   Bank Failures  

Even though rare, bank fraud still happens.  Among the 4 bank failures happened in 2019, one of them, the Enloe State Bank, was caused by fraud. 

Commissioner Cooper of Texas stated “we are forced to close this bank which was chartered in 1928 due to insider abuse and …


Banks With Worst Rating in Q3 19

Jan. 5, 2020 |  Categories:  Bank Safety Rating  

The following banks have the worst ratings (numeric rating 1 or one star rating) based upon data available up to Q3 2019.

 

RESOLUTE BANK, MAUMEE, OH

ALMENA STATE BANK, ALMENA, KS

FIRST STATE BANK, THE, BARBOURSVILLE, WV

FIRST CITY BANK OF FLORIDA, FORT WALTON BEACH, FL

COMMUNITY BANK & …


What Is a Bank Failure?

Dec. 28, 2019 |  Categories:  Bank Safety Rating  

A bank failure is the closing of a bank by a federal or state banking regulatory agency. Typically, a bank is closed when it becomes critically undercapitalized or is unable to meet its obligations to depositors and others.

The FDIC is then appointed receiver (by the regulatory agency of the …

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