Business Bank of Texas, N.A.

Headquarters

1910 W. Braker Lane, Ste 100
Austin, TX 78758
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Business Bank of Texas, N.A. is an FDIC insured institution located in Austin, TX. It was founded in 2007 and has approximately $0.09 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58545
Date Established 2007
Assets $ 88.44 million
Loans $ 54.27 million
Deposits $ 74.06 million
Capital $ 14.32 million
 

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

Deposit Rates - November 28, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - November 28, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Business Bank of Texas, N.A.

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




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Featured - Connecticut Home Equity Line Of Credit Rates 2020

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Note to Business Bank of Texas, N.A.
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Branches

Business Bank of Texas, N.A. 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:
Fairfield,Connecticut


Business Bank of Texas, N.A. Locations


Financial Details

Business Bank of Texas, N.A. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Business Bank of Texas, N.A.. 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
Business Bank of Texas, N.A. U.S. Bank Average
7.73% 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, Business Bank of Texas, N.A. had $872,000 in non-current loans and $360,000 in owned real estate. To cover these potential losses it had $14,315,000 in equity and $1,617,000 in loans loss reserves. That gives it a Texas Ratio of 7.73%.

Return on Equity
Business Bank of Texas, N.A. U.S. Bank Average
-6.64% 7.80%

Business Bank of Texas, N.A. has a Return on Equity of -6.64% 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
Business Bank of Texas, N.A. U.S. Bank Average
16.19% 12.68%

Business Bank of Texas, N.A. has a Capitalization of 16.19% 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.

Business Bank of Texas, N.A. Balance Sheet Analysis

As of March 31, 2020, Business Bank of Texas, N.A. had assets of $88,441,000, loans of $54,268,000, and deposits of $74,061,000. 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 $ 8.73 million
Interest-bearing balances $ 7.48 million
Total securities $ 23.53 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 54.27 million
Loan loss allowance $ 1.62 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.36 million
Goodwill and other intangibles N.A.
All other assets $ 1.52 million
     Total Assets $ 74.13 million
LIABILITIES
Total deposits $ 74.06 million
      Interest-bearing deposits $ 47.63 million
      Deposits held in domestic offices $ 74.06 million
      % insured (estimated) 86.52%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.06 million
      Total Liabilities $ 74.13 million
      Shareholders’ Equity $ 14.32 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.96 million
Total Interest Expense $ 0.21 million
Net interest income $ 0.75 million
Provision for loan and lease losses $ 0.33 million
Total non interest income $ 0.02 million
Total non interest expense $ 0.74 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Business Bank of Texas, N.A.’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Texas, Business Bank of Texas, N.A. has a significantly higher percent of Commercial Real Estate, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 3.97
Multifamily
Mortgages
3.66
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.34
Commercial Real Estate 60.85
Commercial and Industrial Loans 27.98
Farm Loans 0.00

Frequently Asked Questions About Business Bank Of Texas, N.a.

Branches and Savings

Is Business Bank Of Texas, N.a. FDIC insured?

Yes. It is covered under FDIC Certificate #58545.

Why does Business Bank Of Texas, N.a. pay such low interest on savings accounts?

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

Why are Business Bank Of Texas, N.a. CD rates not competitive?

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

Is Business Bank Of Texas, N.a. a commercial bank?

Yes

Where are Business Bank Of Texas, N.a. locations?

See branch locations nearby.

Is Business Bank Of Texas, N.a. open on Saturdays?

Is Business Bank Of Texas, N.a. open on Sundays?

What time does Business Bank Of Texas, N.a. open?

What time does Business Bank Of Texas, N.a. close?

Are Business Bank Of Texas, N.a. ATMs Open 24/7?

Do Business Bank Of Texas, N.a. ATMs accept cash deposits?

Can Business Bank Of Texas, N.a. customers use other ATMs?

Do Business Bank Of Texas, N.a. branches have notaries?

Will Business Bank Of Texas, N.a. notarize my document?

What address for Business Bank Of Texas, N.a. should I put for incoming ACH transfers?

Will the Business Bank Of Texas, N.a. branch print checks?

Do Business Bank Of Texas, N.a. checks expire?

Does Business Bank Of Texas, N.a. require US citizenship to open account?

Can Business Bank Of Texas, N.a. close my account?

Does Business Bank Of Texas, N.a. Report to credit bureaus?

Does Business Bank Of Texas, N.a. Use Equifax?

What is Business Bank Of Texas, N.a.'s ACH Routing Number?

What is Business Bank Of Texas, N.a.'s SWIFT code?

Products

Does Business Bank Of Texas, N.a. offer mortgages?

Compare mortgage rates here.

Does Business Bank Of Texas, N.a. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Business Bank Of Texas, N.a. offer personal loans?

Compare personal loan rates here.

Does Business Bank Of Texas, N.a. offer student loans?

Will Business Bank Of Texas, N.a. cash a check?

Will Business Bank Of Texas, N.a. redeem a savings bond?

Does Business Bank Of Texas, N.a. cash savings bonds?

Will Business Bank Of Texas, N.a. cash money orders?

Can Business Bank Of Texas, N.a. issue a money order?

Does Business Bank Of Texas, N.a. do currency exchange?

Background on The Bank

Who owns Business Bank Of Texas, N.a.?

How long has Business Bank Of Texas, N.a. been around?

Can Business Bank Of Texas, N.a. transfer to other banks?

Does Business Bank Of Texas, N.a. have quick pay?

Does Business Bank Of Texas, N.a. accept rolled coins?

Will Business Bank Of Texas, N.a. accept loose change?

Where is Business Bank Of Texas, N.a. headquarters?

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