Third Federal rate are typically 20% lower than other leaders
Guaranteed Lowest Rate
No closing costs, prepayment penalties, or minimum draw requirements
10 year draw period
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Pay Off Higher Interest Rates Credit Cards, Pay College Tuition
Cash Out, Debt Consolidation Options Available
Offers Flexible Terms from 8 to 30 Years
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2021
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 27074
Date Established
1987
Assets
$ 1,026.48 million
Loans
$ 824.13 million
Deposits
$ 784.98 million
Capital
$ 172.13 million
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 112.66 million
Interest-bearing balances
$ 78.11 million
Total securities
$ 44.72 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 824.13 million
Loan loss allowance
$ 11.05 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 1.53 million
Goodwill and other intangibles
N.A.
All other assets
$ 34.52 million
Total Assets
$ 854.35 million
LIABILITIES
Total deposits
$ 784.98 million
Interest-bearing deposits
$ 672.32 million
Deposits held in domestic offices
$ 784.98 million
% insured (estimated)
66.90%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 66.06 million
Subordinated debt
N.A.
All other liabilities
$ 3.32 millionn
Total Liabilities
$ 854.35 million
Shareholders’ Equity
$ 172.13 million
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$ 13.72 million
Total Interest Expense
$ 1.37 million
Net interest income
$ 12.35 million
Provision for loan and lease losses
$ 0.80 million
Total non interest income
$ 1.08 million
Total non interest expense
$ 3.34 million
Pre-tax Net Operating Income
$ 9.29 million
State Bank of Texas is an FDIC insured institution headquartered at
11950 Webb Chapel Road, Dallas, TX 75234.
It was founded in
1987 and has approximately $1 billion in
assets. Customers can open an account at one of its 6 branches.
*Should any logos, images or public notes appear on this page,they do so courtesy of
State Bank of Texas and are not subject to approval of RatesAndInfo.com.
RatesAndInfo.com expressly disclaims all responsibility for this content.
Customer Reviews for State Bank of Texas (1)
Rated 1.00 stars out of 5 - based on 1 reviews
TexanForever
September 19, 2021 |
Big name to inspire confidence, but a little poorly run bank behind it. I wasted my time trying to squeeze a few extra pennies out of my dollars. Not worthwhile to chase this one, especially after considering after-tax benefit and endless amounts of time trying to get answers to simple questions.
TexanForever
September 19, 2021 |
Big name to inspire confidence, but a little poorly run bank behind it. I wasted my time trying to squeeze a few extra pennies out of my dollars. Not worthwhile to chase this one, especially after considering after-tax benefit and endless amounts of time trying to get answers to simple questions.