15 Area Banks Win High Ratings

By Titus, Nancy Raiden | THE JOURNAL RECORD, February 8, 1992 | Go to article overview

15 Area Banks Win High Ratings


Titus, Nancy Raiden, THE JOURNAL RECORD


Three Oklahoma City banks were among 15 in the metro area that received the highest rating given by Bauer Financial Reports Inc. of Coral Gables, Fla.

Another seven area banks received the firm's lowest rating.

The independent research firm issued 154 of its five-star ratings, the highest it gives, to Oklahoma banks and two to Oklahoma savings and loans.

The ratings, based on data for the third quarter, were assigned Feb. 1. Bauer gave no-star ratings to 11 Oklahoma banks.

The five-star rating is generally given to institutions with an adjusted tangible capital ratio exceeding 9 percent for banks or 6.25 percent for thrifts. Institutions receiving the rating were included on Bauer's recommended bank or thrift list.

Oklahoma City banks receiving the rating were: The Bankers Bank, Capital National Bank and Will Rogers Bank & Trust Co.

Area banks receiving the high rating were: Bank of Tuttle and First National Bank of Tuttle; City National Bank & Trust Co., Republic Bank of Norman and Security National Bank & Trust Co., all of Norman; Farmers & Merchants Bank of Piedmont; First National Bank of Bethany; First National Bank of Midwest City; First Oklahoma Bank NA in Shawnee; First State Bank of Harrah; First State Bank of Jones; and Park State Bank of Nicoma Park.

The two savings and loans receiving the rating were Fidelity Federal Savings and Loan Association of Claremore and Home Federal Savings and Loan Association of Ada.

Thrifts under the control of the Resolution Trust Corp. or receiving other government assistance were not rated. …

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