Now more than ever, it's a good idea to find out if your bank or savings and loan association is in good shape. Each quarter, TheStreet.com Ratings publishes financial-strength ratings for the nation's approximately 8,500 banks and thrifts. As one might expect, the ratings for many institutions have drifted downward over the past year. You can look up your institution's rating, free of charge, using the Banks and Thrifts Screener TheStreet.com's ratings model places the strongest weighting on capital adequacy, earnings and asset quality. The following table includes common ratios in these categories for the past five quarters: The year-over-year comparison is useful because it matches up the industry's distressed state to a reasonably normal "pre-crisis" quarter a year ago. Industry net income for the second quarter of 2008...
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