Vitals
  • Total Assets
    114.4M -10.7 %
  • Total Deposits
    98.4M -12.2 %
  • Total Net Loans
    88.8M 0.0 %
  • Net Income
    -257000.0000 -150.8 %
  • Book Value
    11.4M 4.5 %
  • Book Value x2
    22.7M 4.5 %
  • Book Value x3
    34.1M 4.5 %
ROAA

-.429

ROAE

-4.416

Efficiency Ratio

95.14

Net Interest Margin

4.204

Balance Sheet Highlights
Financial Highlights Independent Bank Of Texas All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 114,356 329,675
Total Net Loans 88,764 186,813
Total Deposits 98,390 282,402
Total Equity 11,364 35,191
Profitability
Net Income -257 1,799
Return on Average Assets -.429 1.022
Return on Average Equity -4.416 9.721
Net Interest Margin 4.204 3.683
Efficiency Ratio 95.14 67.62
Noninterest Income/Revenue 17.725 16.269
Balance Sheet Ratios
Loan-to-Deposit 90.217 62.334
Securities/Assets .041 .238
Total Equity/Total Assets .099 .107
Tangible Equity/Tangible Assets .097 .102
Capital Adequacy
Tier 1 Common Capital 11,216 33,043
Tier 1 Capital 11,216 33,081
Tier 2 Capital 933 2,219
Total Capital 12,149 35,327
Total Risk Weighted Assets 78,051 210,653
Leverage Ratio 9.54 10.209
Common Equity Tier 1 Capital Ratio 14.37 17.975
Tier 1 Capital Ratio 14.37 18.005
Total Capital Ratio 15.57 19.064

Timeline for Independent Bank Of Texas

Veritex Community Bank

Independent Bank Of Texas was acquired by Veritex Community Bank 8 years

View Profile Jul 01 2015

Ibt Bancorp, Inc.

Ibt Bancorp, Inc. became a new parent organization for Independent Bank Of Texas.

View Profile Sep 01 2008

Independent Bank Of Texas

Independent Bank Of Texas was established 21 years ago and is currently headquartered in Irving, TX.

May 01 2003

Ibt Delaware Bancorp, Inc.

Ibt Delaware Bancorp, Inc. became a new parent organization for Independent Bank Of Texas.

View Profile May 01 2003
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Veritex Community Bank Buyer 1,268,701 Acquisition Discontinued 7/1/2015
Relationships Role Relationship Start Relationship End
Ibt Bancorp, Inc. Parent 9/1/2008 6/30/2015
Ibt Delaware Bancorp, Inc. Parent 5/1/2003 8/31/2008
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