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.
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.