Why quote "# of banks" as though that's significant? After nearly 20 years of bank consolidations, "# of banks" is a misleading comparison.
I read elsewhere that Texas banks in the 80's were often independent from one county to the next. Many small banks went under. Rather than quote "# of banks", maybe it's better to quote total cap in absolute terms or perhaps as a % of GDP.
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Minor quibble here...
Jul 15 04:28 am
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All Comments by gashouse gorilla »Spotting Banks In Danger [View article]
Why quote "# of banks" as though that's significant? After nearly 20 years of bank consolidations, "# of banks" is a misleading comparison.
I read elsewhere that Texas banks in the 80's were often independent from one county to the next. Many small banks went under. Rather than quote "# of banks", maybe it's better to quote total cap in absolute terms or perhaps as a % of GDP.