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Texas banks showed resilience during the financial crisis and economic downturn in the late 2000s and early 2010s. While many banks across the country struggled, Texas banks on average fared better with profits never dipping into negative territory. The proportion of past-due and nonperforming loans in Texas has also been steadily declining. Lending in Texas began consistent growth in late 2011 after stalling during the financial crisis. Relatively few Texas banks have failed compared to other states, with

Author

The Dallas Morning News

Language

EN