Vitals
  • Total Assets
    509.6M 30.7 %
  • Total Deposits
    365.8M 6.1 %
  • Total Net Loans
    264.6M -2.7 %
  • Net Income
    1.9M -67.9 %
  • Book Value
    135.8M 243.6 %
  • Book Value x2
    271.5M 243.6 %
  • Book Value x3
    407.3M 243.6 %
ROAA

.713

ROAE

3.273

Efficiency Ratio

78.752

Net Interest Margin

4.479

Balance Sheet Highlights
Financial Highlights Worth National Bank All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 509,558 167,970
Total Net Loans 264,615 99,465
Total Deposits 365,776 142,413
Total Equity 135,763 17,685
Profitability
Net Income 1,868 5,986
Return on Average Assets .713 1.423
Return on Average Equity 3.273 14.193
Net Interest Margin 4.479 4.563
Efficiency Ratio 78.752 68.047
Noninterest Income/Revenue 14.019 13.384
Balance Sheet Ratios
Loan-to-Deposit 72.344 65.282
Securities/Assets .041 .69
Total Equity/Total Assets .266 .105
Tangible Equity/Tangible Assets .076 -.201
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 38,886 16,207
Tier 2 Capital 3,472 1,121
Total Capital 42,358 17,314
Total Risk Weighted Assets 318,429 112,038
Leverage Ratio 9.74 10.355
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.21 16.957
Total Capital Ratio 13.3 17.943

Timeline for Worth National Bank

Bank Of Texas. National Association

Worth National Bank was acquired by Bank Of Texas. National Association 16 years

View Profile Feb 16 2008

M J Kilpatrick Insurance Agency, Inc.

M J Kilpatrick Insurance Agency, Inc. became a new subsidiary organization for Worth National Bank.

View Profile Mar 01 2002

Worth Bancorporation, Inc.

Worth Bancorporation, Inc. became a new parent organization for Worth National Bank.

View Profile Sep 30 1983

Worth National Bank

Worth National Bank was established 46 years ago and is currently headquartered in Plano, TX.

May 12 1978
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Bank Of Texas. National Association Buyer 5,603,586 Pooling of Interests Discontinued 2/16/2008
Relationships Role Relationship Start Relationship End
Worth Bancorporation, Inc. Parent 8/18/1995 2/15/2008
Worth Bancorporation, Inc. Parent 2/11/1986 8/17/1995
Worth Bancorporation, Inc. Parent 11/12/1985 2/10/1986
Worth Bancorporation, Inc. Parent 3/18/1985 11/11/1985
Worth Bancorporation, Inc. Parent 9/30/1983 3/17/1985
M J Kilpatrick Insurance Agency, Inc. Subsidary 6/30/2007 2/15/2008
M J Kilpatrick Insurance Agency, Inc. Subsidary 3/1/2002 6/29/2007
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