Meridian Bank Texas
Fort Worth, TX — Domestic Branch of a Domestic Bank
Acquired Jun 2015
Vitals
-
Total Assets442.0M 58.5 %
-
Total Deposits384.0M 75.5 %
-
Total Net Loans321.0M 62.9 %
-
Net Income1.2M 20.1 %
-
Book Value57.0M 9.1 %
-
Book Value x2114.1M 9.1 %
-
Book Value x3171.1M 9.1 %
Balance Sheet Highlights
| Financial Highlights | Meridian Bank Texas | All Insured Commercial Banks in Texas |
| Balance Sheet $(000) | ||
| Total Assets | 442,005 | 325,541 |
| Total Net Loans | 321,044 | 178,358 |
| Total Deposits | 383,972 | 280,891 |
| Total Equity | 57,044 | 34,465 |
| Profitability | ||
| Net Income | 1,225 | 858 |
| Return on Average Assets | 1.12 | .993 |
| Return on Average Equity | 8.721 | 9.512 |
| Net Interest Margin | 4.154 | 3.673 |
| Efficiency Ratio | 72.826 | 68.379 |
| Noninterest Income/Revenue | 5.36 | 15.807 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 83.611 | 60.152 |
| Securities/Assets | .167 | .237 |
| Total Equity/Total Assets | .129 | .106 |
| Tangible Equity/Tangible Assets | .112 | .102 |
| Capital Adequacy | ||
| Tier 1 Common Capital | 49,037 | 31,888 |
| Tier 1 Capital | 49,037 | 31,928 |
| Tier 2 Capital | 2,375 | 2,121 |
| Total Capital | 51,412 | 34,061 |
| Total Risk Weighted Assets | 355,181 | 202,017 |
| Leverage Ratio | 11.4 | 10.079 |
| Common Equity Tier 1 Capital Ratio | 13.81 | 17.926 |
| Tier 1 Capital Ratio | 13.81 | 17.956 |
| Total Capital Ratio | 14.47 | 19.015 |
Timeline for Meridian Bank Texas
Umb Bank, National Association
Meridian Bank Texas was acquired by Umb Bank, National Association 10 years
View Profile Jun 01 2015State Bank And Trust Company, Dallas
Acquisition: Meridian Bank Texas acquired a new subsidiary, State Bank And Trust Company, Dallas, 11 years
View Profile Jun 07 2014Sb&T Assets, Llc
Sb&T Assets, Llc became a new subsidiary organization for Meridian Bank Texas.
View Profile Jun 07 2014Marquette Financial Companies
Marquette Financial Companies became a new parent organization for Meridian Bank Texas.
View Profile Feb 20 2007Meridian Bank Texas
Meridian Bank Texas was established 118 years ago and is currently headquartered in Fort Worth, TX.
Apr 09 1907| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Umb Bank, National Association | Buyer | 4,078,562 | Acquisition | Discontinued | 6/1/2015 |
| State Bank And Trust Company, Dallas | Seller | 195,793 | Acquisition | Discontinued | 6/7/2014 |
| Relationships | Role | Relationship Start | Relationship End |
| Marquette Financial Companies | Parent | 2/20/2007 | 5/31/2015 |
| Sb&T Assets, Llc | Subsidary | 6/7/2014 | 5/31/2015 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
The Bank Of River Oaks
|
Houston | TX | 441.2M |
|
Village Bank
|
Midlothian | VA | 443.1M |
|
Btc Bank
|
Bethany | MO | 440.7M |
|
Fnb Bank, Inc.
|
Mayfield | KY | 443.5M |
|
Drummond Community Bank
|
Chiefland | FL | 443.5M |
|
Anstaff Bank
|
Green Forest | AR | 444.0M |
|
Citizens Bank
|
Mooresville | IN | 438.4M |
|
Texas Bank
|
Brownwood | TX | 431.2M |
|
Southwest Georgia Bank
|
Moultrie | GA | 441.8M |
|
River Bank
|
Stoddard | WI | 455.0M |