Texasbank
Fort Worth, TX — Domestic Branch of a Domestic Bank
Acquired Mar 2006
Vitals
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Total Assets1.8B 20.5 %
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Total Deposits1.6B 23.0 %
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Total Net Loans1.4B 17.0 %
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Net Income24.5M 51.4 %
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Book Value150.2M 17.8 %
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Book Value x2300.4M 17.8 %
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Book Value x3450.6M 17.8 %
Balance Sheet Highlights
Financial Highlights | Texasbank | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 1,830,116 | 145,629 |
Total Net Loans | 1,384,151 | 82,447 |
Total Deposits | 1,608,877 | 124,421 |
Total Equity | 150,208 | 14,087 |
Profitability | ||
Net Income | 24,482 | 3,700 |
Return on Average Assets | 1.531 | 1.339 |
Return on Average Equity | 17.709 | 13.734 |
Net Interest Margin | 5.252 | 4.492 |
Efficiency Ratio | 58.692 | 67.153 |
Noninterest Income/Revenue | 18.283 | 15.476 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 86.032 | 62.425 |
Securities/Assets | .088 | .652 |
Total Equity/Total Assets | .082 | .097 |
Tangible Equity/Tangible Assets | .075 | -.174 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 144,268 | 13,589 |
Tier 2 Capital | 17,544 | 950 |
Total Capital | 161,812 | 14,555 |
Total Risk Weighted Assets | 1,533,151 | 92,918 |
Leverage Ratio | 8.38 | 10.048 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.41 | 16.861 |
Total Capital Ratio | 10.55 | 17.899 |
Timeline for Texasbank
Northwest National Bank Of Arlington
Acquisition: Texasbank acquired a new subsidiary, Northwest National Bank Of Arlington, 18 years
View Profile Jun 17 2005Texasbanc Insurance Services Agency, Inc.
Texasbanc Insurance Services Agency, Inc. became a new subsidiary organization for Texasbank.
View Profile Dec 13 2001Texas Bank
Acquisition: Texasbank acquired a new subsidiary, Texas Bank, 30 years
View Profile Aug 01 1993M & F Financial Corp.
M & F Financial Corp. became a new parent organization for Texasbank.
View Profile Apr 12 1990Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Compass Bank | Buyer | 84,983,485 | Acquisition | Discontinued | 3/25/2006 |
Northwest National Bank Of Arlington | Seller | 50,386 | Acquisition | Discontinued | 6/17/2005 |
Texas Bank | Seller | 37,128 | Discontinued | 8/1/1993 | |
Citizens National Bank | Seller | 16,160 | Failure | 3/9/1990 | |
Texas Bank Of Denton | Seller | 16,303 | Discontinued | 3/24/1989 |
Relationships | Role | Relationship Start | Relationship End |
M & F Financial Corp. | Parent | 4/12/1990 | 3/24/2006 |
Texasbanc Holding Co. | Parent | 12/30/1986 | 4/11/1990 |
Texasbanc Insurance Services Agency, Inc. | Subsidary | 12/13/2001 | 3/24/2006 |
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