Both of these banks are in great markets and both will survive and prosper. IBOC has only allowances for part of its bad loans, though and could be sluggish; still in a few years it will be at many times its current price.

UWBK a Colorado front range bank is in better shape and cheaper ($7.60 and its June 30 book value will be at around $16. Pew survey showed more people want to live in the Denver area than anywhere else, and they are profitable with great locations.

Some other banks Suntrust, regions etc have too many bad loans and not enough coverage- they are speculations.