Bank of Texas

Headquarters

1005 Congress Avenue, Suite 100
Austin, TX 78701
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Bank of Texas is an FDIC insured institution located in Austin, TX. It was founded in 1907 and has approximately $0.08 billion in assets.

FDIC Insured Yes
FDIC Certificate # 11942
Date Established 1907
Assets $ 77.92 million
Loans $ 26.87 million
Deposits $ 70.43 million
Capital $ 7.44 million
 

For a more detailed analysis of Bank of Texas's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 29, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Texas

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

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Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
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More Info

Note to Bank of Texas
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Branches

Bank of Texas branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank of Texas Locations


Financial Details

Bank of Texas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Texas. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Texas U.S. Bank Average
4.58% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Bank of Texas had $336,000 in non-current loans and $38,000 in owned real estate. To cover these potential losses it had $7,443,000 in equity and $716,000 in loans loss reserves. That gives it a Texas Ratio of 4.58%.

Return on Equity
Bank of Texas U.S. Bank Average
-9.83% 7.80%

Bank of Texas has a Return on Equity of -9.83% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of Texas U.S. Bank Average
9.55% 12.68%

Bank of Texas has a Capitalization of 9.55% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Texas Balance Sheet Analysis

As of December 31, 2011, Bank of Texas had assets of $77,920,000, loans of $26,867,000, and deposits of $70,428,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 26.87 million
Loan loss allowance $ 0.72 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.04 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 70.43 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 77.92 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Bank of Texas’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Bank of Texas’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Bank Of Texas

Branches and Savings

Is Bank Of Texas FDIC insured?

Yes. It is covered under FDIC Certificate #11942.

Why does Bank Of Texas pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Of Texas CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Of Texas a commercial bank?

Yes

Where are Bank Of Texas locations?

See branch locations nearby.

Is Bank Of Texas open on Saturdays?

Is Bank Of Texas open on Sundays?

What time does Bank Of Texas open?

What time does Bank Of Texas close?

Are Bank Of Texas ATMs Open 24/7?

Do Bank Of Texas ATMs accept cash deposits?

Can Bank Of Texas customers use other ATMs?

Do Bank Of Texas branches have notaries?

Will Bank Of Texas notarize my document?

What address for Bank Of Texas should I put for incoming ACH transfers?

Will the Bank Of Texas branch print checks?

Do Bank Of Texas checks expire?

Does Bank Of Texas require US citizenship to open account?

Can Bank Of Texas close my account?

Does Bank Of Texas Report to credit bureaus?

Does Bank Of Texas Use Equifax?

What is Bank Of Texas's ACH Routing Number?

What is Bank Of Texas's SWIFT code?

Products

Does Bank Of Texas offer mortgages?

Compare mortgage rates here.

Does Bank Of Texas offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Texas offer personal loans?

Compare personal loan rates here.

Does Bank Of Texas offer student loans?

Will Bank Of Texas cash a check?

Will Bank Of Texas redeem a savings bond?

Does Bank Of Texas cash savings bonds?

Will Bank Of Texas cash money orders?

Can Bank Of Texas issue a money order?

Does Bank Of Texas do currency exchange?

Background on The Bank

Who owns Bank Of Texas?

How long has Bank Of Texas been around?

Can Bank Of Texas transfer to other banks?

Does Bank Of Texas have quick pay?

Does Bank Of Texas accept rolled coins?

Will Bank Of Texas accept loose change?

Where is Bank Of Texas headquarters?

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