Southern National Bank Of Texas
Sugar Land, TX — Domestic Branch of a Domestic Bank
Acquired Apr 2006
Vitals
-
Total Assets880.0M -17.5 %
-
Total Deposits751.5M -15.0 %
-
Total Net Loans591.7M -4.8 %
-
Net Income
-
Book Value99.8M -4.2 %
-
Book Value x2199.6M -4.2 %
-
Book Value x3299.4M -4.2 %
Balance Sheet Highlights
Financial Highlights | Southern National Bank Of Texas | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 879,959 | 148,902 |
Total Net Loans | 591,712 | 83,089 |
Total Deposits | 751,495 | 127,813 |
Total Equity | 99,799 | 14,479 |
Profitability | ||
Net Income | — | 979 |
Return on Average Assets | — | 1.435 |
Return on Average Equity | — | 14.776 |
Net Interest Margin | 3.812 | 4.513 |
Efficiency Ratio | 129.476 | 65.978 |
Noninterest Income/Revenue | 6.517 | 14.259 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 78.738 | 61.069 |
Securities/Assets | .259 | .661 |
Total Equity/Total Assets | .113 | .097 |
Tangible Equity/Tangible Assets | .113 | -.165 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 101,116 | 13,904 |
Tier 2 Capital | 7,028 | 968 |
Total Capital | 108,144 | 14,891 |
Total Risk Weighted Assets | 640,495 | 94,205 |
Leverage Ratio | 10.45 | 10.004 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.79 | 17.048 |
Total Capital Ratio | 16.88 | 18.092 |
Timeline for Southern National Bank Of Texas
Prosperity Bank
Southern National Bank Of Texas was acquired by Prosperity Bank 18 years
View Profile Apr 01 2006Snb Corporation
Snb Corporation became a new parent organization for Southern National Bank Of Texas.
View Profile Sep 29 1995Southern National Bank Of Texas
Southern National Bank Of Texas was established 39 years ago and is currently headquartered in Sugar Land, TX.
Jan 14 1985Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Prosperity Bank | Buyer | 21,390,286 | Acquisition | Discontinued | 4/1/2006 |
Relationships | Role | Relationship Start | Relationship End |
Snb Corporation | Parent | 9/29/1995 | 3/31/2006 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Security National Bank Of Omaha
|
Omaha | NE | 877.8M |
The Vinton County National Bank
|
Mc Arthur | OH | 891.4M |
First National Bank
|
Fort Pierre | SD | 886.8M |
Central National Bank
|
Junction City | KS | 910.2M |
The Old Point National Bank Of Phoebus
|
Hampton | VA | 900.2M |
California First National Bank
|
Irvine | CA | 840.8M |
Hilltop National Bank
|
Casper | WY | 838.8M |
Citizens National Bank
|
Sevierville | TN | 927.6M |
Montgomery Bank, National Association
|
Sikeston | MO | 896.0M |
First Bankers Trust Company, National Association
|
Quincy | IL | 942.6M |