Fidelity Bank of Texas

Headquarters

1901 West Lake Shore Drive
Waco, TX 76708
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
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

Fidelity Bank of Texas is an FDIC insured institution located in Waco, TX. It was founded in 1974 and has approximately $0.09 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 21455
Date Established 1974
Assets $ 91.44 million
Loans $ 42.41 million
Deposits $ 74.81 million
Capital $ 16.45 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Fidelity Bank of Texas

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

Featured - Connecticut 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
2.990 %
$0 Learn More
More Info

Note to Fidelity Bank of Texas
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Branches

Fidelity 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:
Fairfield,Connecticut


Fidelity Bank of Texas Locations


Financial Details

Fidelity Bank of Texas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fidelity 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
Fidelity Bank of Texas U.S. Bank Average
5.18% 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, Fidelity Bank of Texas had $883,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,452,000 in equity and $608,000 in loans loss reserves. That gives it a Texas Ratio of 5.18%.

Return on Equity
Fidelity Bank of Texas U.S. Bank Average
1.88% 7.80%

Fidelity Bank of Texas has a Return on Equity of 1.88% 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
Fidelity Bank of Texas U.S. Bank Average
17.99% 12.68%

Fidelity Bank of Texas has a Capitalization of 17.99% 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.

Fidelity Bank of Texas Balance Sheet Analysis

As of March 31, 2020, Fidelity Bank of Texas had assets of $91,440,000, loans of $42,411,000, and deposits of $74,811,000. 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 $ 46.74 million
Interest-bearing balances $ 45.11 million
Total securities $ 1.01 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 42.41 million
Loan loss allowance $ 0.61 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.46 million
     Total Assets $ 74.99 million
LIABILITIES
Total deposits $ 74.81 million
      Interest-bearing deposits $ 59.55 million
      Deposits held in domestic offices $ 74.81 million
      % insured (estimated) 85.16%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.18 million
      Total Liabilities $ 74.99 million
      Shareholders’ Equity $ 16.45 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.81 million
Total Interest Expense $ 0.06 million
Net interest income $ 0.75 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.12 million
Total non interest expense $ 0.75 million
Pre-tax Net Operating Income $ 0.12 million

Bank Loan Profile?

The top three loan types in Fidelity Bank of Texas’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Texas, Fidelity Bank of Texas has a significantly higher percent of 1-4 Family Residential 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 47.05
Multifamily
Mortgages
2.84
Credit Card Loans 0.00
Consumer Auto Loans 0.23
Small Business Loans 0.00
Construction and Development Loans 7.84
Commercial Real Estate 37.89
Commercial and Industrial Loans 2.00
Farm Loans 0.96

Frequently Asked Questions About Fidelity Bank Of Texas

Branches and Savings

Is Fidelity Bank Of Texas FDIC insured?

Yes. It is covered under FDIC Certificate #21455.

Why does Fidelity 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 Fidelity Bank Of Texas CD rates not competitive?

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

Is Fidelity Bank Of Texas a commercial bank?

Yes

Where are Fidelity Bank Of Texas locations?

See branch locations nearby.

Is Fidelity Bank Of Texas open on Saturdays?

Is Fidelity Bank Of Texas open on Sundays?

What time does Fidelity Bank Of Texas open?

What time does Fidelity Bank Of Texas close?

Are Fidelity Bank Of Texas ATMs Open 24/7?

Do Fidelity Bank Of Texas ATMs accept cash deposits?

Can Fidelity Bank Of Texas customers use other ATMs?

Do Fidelity Bank Of Texas branches have notaries?

Will Fidelity Bank Of Texas notarize my document?

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

Will the Fidelity Bank Of Texas branch print checks?

Do Fidelity Bank Of Texas checks expire?

Does Fidelity Bank Of Texas require US citizenship to open account?

Can Fidelity Bank Of Texas close my account?

Does Fidelity Bank Of Texas Report to credit bureaus?

Does Fidelity Bank Of Texas Use Equifax?

What is Fidelity Bank Of Texas's ACH Routing Number?

What is Fidelity Bank Of Texas's SWIFT code?

Products

Does Fidelity Bank Of Texas offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Fidelity Bank Of Texas offer personal loans?

Compare personal loan rates here.

Does Fidelity Bank Of Texas offer student loans?

Will Fidelity Bank Of Texas cash a check?

Will Fidelity Bank Of Texas redeem a savings bond?

Does Fidelity Bank Of Texas cash savings bonds?

Will Fidelity Bank Of Texas cash money orders?

Can Fidelity Bank Of Texas issue a money order?

Does Fidelity Bank Of Texas do currency exchange?

Background on The Bank

Who owns Fidelity Bank Of Texas?

How long has Fidelity Bank Of Texas been around?

Can Fidelity Bank Of Texas transfer to other banks?

Does Fidelity Bank Of Texas have quick pay?

Does Fidelity Bank Of Texas accept rolled coins?

Will Fidelity Bank Of Texas accept loose change?

Where is Fidelity Bank Of Texas headquarters?

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