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BANK NOTES
Flatlrons Bank and AMG National Trust Bank have made it onto an exclusive national list.
The two banks in Boulder are some of the safest in the nation, based on the Texas ratio - a formula developed by a financial whiz at RBC Capital Markets in Houston to detect potential bank failures.
The ratio gained notoriety after being used to correctly predict several failures in the 1980s recession in Texas. It still is used by many in the industry to give an informal look at the health of banks.
But the formula also can be used to show the banks that are the farthest from failure.
It is calculated with data that banks must file quarterly with the Federal Deposit Insurance Corp., the federal bank regulator.
With so many banks failing across the nation in recent years, it's refreshing to think about the Texas ratio as a plus, rather than as a minus.
Less than 1 percent of all banks left in the nation had a perfect Texas ratio score, based on call report information filed with the FDIC for the first quarter of...