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3,706 BANKS RECEIVE BAUER'S 5-STAR AWARD

 3,706 BANKS RECEIVE BAUER'S 5-STAR AWARD
 CORAL GABLES, Fla., April 28 /PRNewswire/ -- Bauer Financial


Reports, Inc., a bank research and rating firm, is pleased to announce that based on the analysis of financial data on all U.S. banks for the period ended Dec. 31, 1991, 3,706 commercial banks, out of a total of 11,927 banks reporting nationwide, representing 31.07 percent, received its highest five-star rating.
 To qualify for Bauer's five-star rating, the highest on a scale from 0-Stars to 5-stars, a bank's tangible capital must be greater than 9.0 percent of tangible assets, its risk-based capital ratio must exceed 9.25 percent, delinquencies and repossessed assets must be manageable, the bank must be soundly invested and must have earned a profit for the quarter ended Dec. 31, 1991. For comparison purposes, these levels are nearly double those required by federal regulators.
 Paul A. Bauer, president of the research firm, said, "We strongly recommend this group of banks to current and prospective customers. They are the very best -- well capitalized, adequately reserved and consertively run banks. They comprise the backbone of the financial services industry -- community oriented banks that concentrate on traditional business and consumer needs."
 Bauer Financial Reports, Inc. analyzes and compiles data on all U.S. banks, thrifts and federally insured credit unions. For a free brochure send a self-addressed, stamped (29 cents) business-sized envelope to: Brochure, Bauer Financial Reports, P.O. Drawer 5510, Coral Gables, FL 33114-5510.
 -0- 4/28/92
 /NOTE TO EDITOR: Members of the press may receive specifics on this release without charge by calling 800-388-6686./
 /CONTACT: Brienne Jorgensen of Bauer Financial Reports, 800-388-6686/ CO: Bauer Financial Reports ST: Florida IN: FIN SU:


SS-JB -- FLFNS1 -- 3515 04/28/92 07:35 EDT
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Publication:PR Newswire
Date:Apr 28, 1992
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