State: Louisiana Banks Are Doing Well

BATON ROUGE, La. - The office that oversees banks chartered in Louisiana says those banks are in good shape.

The Louisiana Office of Financial Institutions says 162 banks and thrifts are headquartered in Louisiana.

It says that 97 percent of them are in the two top categories of a national bank-rating system based on for capital adequacy, management quality, earnings, liquidity and sensitivity to market risk.

Some of the larger banks operating in Louisiana, such as Capital One and JPMorgan Chase, are based out of state. But Sid Seymour, chief examiner of the Office of Financial Institutions, says most of those banks appear to be doing well.