Texas Banks
| Texas Banks and Thrifts with the Highest Texas Ratios | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | City | Parent company | Total assets ($M) | Adjusted NPA + adjusted loans 90PD / tangible equity + LLR* (%) | ||||
| Q2 '10 | Q1 '10 | Q2 '09 | QoQ change (bps) | YoY change (bps) | ||||
| Jefferson Bank | Dallas | Outsource Holdings Inc. | 276.0 | 172.66 | 169.58 | 96.23 | 308 | 7643 |
| First International Bank | Plano | First International Bancorp Texas Inc. | 388.5 | 150.08 | 102.37 | 37.95 | 4771 | 11213 |
| Park Cities Bank | Dallas | North Texas Bancshares Inc. | 1,016.9 | 142.99 | 117.11 | 51.23 | 2588 | 9176 |
| Equity Bank SSB | Dallas | EJ Financial Corp. | 249.3 | 123.92 | 135.41 | 71.42 | -1149 | 5250 |
| Town North Bank N.A. | Dallas | CU Bank Shares Inc. | 913.3 | 118.15 | 99.76 | 34.05 | 1839 | 8410 |
| Prosper Bank | Prosper | Prosper Bancshares Inc. | 68.3 | 109.34 | 151.20 | 62.00 | -4186 | 4734 |
| Synergy Bank SSB | McKinney | Premier Bancshares Inc. | 140.3 | 108.72 | 86.95 | 85.44 | 2177 | 2328 |
| United Community Bank NA | Highland Village | Community Group Inc. | 107.9 | 105.72 | 111.89 | 121.59 | -617 | -1587 |
| Inter National Bank | McAllen | Grupo Financiero Banorte S.A. de C.V. | 2,140.5 | 99.79 | 101.31 | 88.09 | -152 | 1170 |
| Treaty Oak Bank | Austin | Treaty Oak Bancorp Inc. | 118.6 | 98.51 | 83.57 | 16.21 | 1494 | 8230 |
Among currently operating Texas banks and thrifts, Jefferson Bank based in Dallas, reported the highest Texas Ratio for second quarter of 2010. The bank's current ratio of 172.66% is 7,643 basis points higher than the year-ago quarter and 308 basis points higher than the previous quarter. Texas Ratio is defined as nonperforming assets plus loans 90 days or more past due net of delinquent government guaranteed loans divided by tangible equity plus loan loss reserves. Prior to being acquired by Independent Bank on July 30, Town Center Bank reported a Texas ratio of 139.06% as of June 30. | ||||||||
Based on regulatory filings by commercial banks, savings banks and savings institutions.
Operating companies as of Aug. 25.
Total assets as of June 30.
*Nonperforming assets plus loans 90 days or more past due net of delinquent government guaranteed loans divided by tangible equity and reserves.
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