State Bank of Texas


11950 Webb Chapel Rd
Dallas, TX 75234
See all branch locations →

State Bank of Texas
Notable Rates APY Vs.Others
Savings N.A. 4.45% →
1-Year CD 4.65% 5.00% →
2-Year CD N.A. 4.75% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 0.00% →
15-Year Mortgage N.A. 0.00% →
HELOC N.A. 0.99% →

2023 Overview

General Bank Information

State Bank of Texas is an FDIC insured institution located in Dallas, TX. It was founded in 1987 and has approximately $1.61 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 27074
Date Established 1987
Assets $ 1,614.77 million
Loans $ 1,272.73 million
Deposits $ 1,298.97 million
Capital $ 230.68 million

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

Deposit Rates - February 7, 2023

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
3.56% $100,000 - Learn More
1-Year CD
4.65% $25,000 $250,000 Learn More


Loan Rates - February 7, 2023

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for State 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 2023

Lender APR Rate (%) Monthly
Learn More
New American Funding
NMLS ID: 6606
6.141% 5.990%
1.00 points
$4,062 fees
$1,498 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
7.262% 7.125%
0.88 points
$3,438 fees
$1,685 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2023

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
6.740 %
$0 Learn More
More Info

Note to State Bank of Texas
To upload and update your bank's rates please register. It is free to register and add rates.


State 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:

State Bank of Texas Locations

Climate Initiatives

State Bank of Texas is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

State Bank of Texas Ratio Analysis

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

Texas Ratio
State Bank of Texas U.S. Bank Average
4.77% 4.06%

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 June 30, 2022, State Bank of Texas had $11,302,000 in non-current loans and $462,000 in owned real estate. To cover these potential losses it had $230,677,000 in equity and $15,759,000 in loans loss reserves. That gives it a Texas Ratio of 4.77%.

Return on Equity
State Bank of Texas U.S. Bank Average
26.91% 9.98%

State Bank of Texas has a Return on Equity of 26.91% versus the BestCashCow average of 9.98%. 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.

State Bank of Texas U.S. Bank Average
14.29% 10.23%

State Bank of Texas has a Capitalization of 14.29% versus the BestCashCow average of 10.23. 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.

State Bank of Texas Balance Sheet Analysis

As of June 30, 2022, State Bank of Texas had assets of $1,614,774,000, loans of $1,272,726,000, and deposits of $1,298,969,000. 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

June 30, 2022
Cash & Balances due from depository institutions $ 176.36 million
Interest-bearing balances $ 111.38 million
Total securities $ 97.94 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,272.73 million
Loan loss allowance $ 15.76 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.46 million
Goodwill and other intangibles N.A.
All other assets $ 39.80 million
     Total Assets $ 1,384.10 million
Total deposits $ 1,298.97 million
      Interest-bearing deposits $ 1,160.42 million
      Deposits held in domestic offices $ 1,298.97 million
      % insured (estimated) 62.67%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 80.00 million
Subordinated debt N.A.
All other liabilities $ 5.13 million
      Total Liabilities $ 1,384.10 million
      Shareholders’ Equity $ 230.68 million

Summary Income Statement

June 30, 2022
Total Interest Income $ 40.79 million
Total Interest Expense $ 4.09 million
Net interest income $ 36.70 million
Provision for loan and lease losses $ 2.50 million
Total non interest income $ 3.72 million
Total non interest expense $ 9.06 million
Pre-tax Net Operating Income $ 28.86 million

Bank Loan Profile?

The top three loan types in State Bank of Texas’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Small Business Loans.

Compared to other banks in Texas, State Bank of Texas has a significantly higher percent of Commercial Real Estate 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 2.82
Credit Card Loans 0.00
Consumer Auto Loans 0.06
Small Business Loans 4.71
Construction and Development Loans 10.85
Commercial Real Estate 86.32
Commercial and Industrial Loans 0.84
Farm Loans 0.00

Customer Reviews for State Bank of Texas (11)

  • January 19, 2023

    CDs 12 Month Rates

    People read what you are looking at . . . this section is for CD's not money market accounts. Two different investments types, CD covered by insurance and money markets are not. Know what you are doing and use the correct language before giving anyone your money.

    However, no one should be surprised that the increased interest rates are very seldom passed on to the customer based on pure greed for profits or anticipated loan defaults. The higher the interest rate on loans & credit cards and low interest rates on savings, the more likely your money is at risk as FDIC back in 1987 said they didn't have the $150,000 to cover account loses. So what makes anyone believe the FDIC will able to cover $250,000 per account holder name. Hence if you have a $250,000 CD and a joint checking account with husband, you only get $250,000 coverage if you are lucky and forfeit half of the money in the checking if and when the bank fails. A little financial education goes a long way. So also check out a bank's derivative exposure, which puts them at greater risk of failure.

  • June 3, 2022 | | Replies 1

    Do not use this bank! Their money market accounts were showing online as some of the highest in the country so I opened an account. I noticed ongoing advertising of high rates but did not see these high rates being paid to my account. When I called "Christina" the "assistant manager" she said "those higher rates are for a 'different product'". Different product? Ridiculous! I had deposited the max covered by FDIC! She was also very obnoxious and kept interrupting me constantly so I could barely say anything. Also, when I requested a form to wire my money out of the account, she refused and said someone else would have to call and ID me and send me the form. AVOID THIS BANK AT ALL COSTS!

    | Feb 7, 2023

    I'm sorry for your experience. Please feel free to contact Tera Jennings at 972.252.6000 to resolve this matter.

  • January 15, 2022 |

    Online CDs 12 Month Rates

    It would be insanity to lock into a 1-year CD at 0.85 with this "bank" when they are paying 0.75% on a savings account and the Fed is going to hike to at least 1% by the middle of the year (and both CD and savings rates will be higher by then).

  • January 8, 2022

    This is misleading to list this on this site. The account cannot be easily opened online. They don't even answer the phone.

  • December 4, 2021 |

    I have had dealings with this bank over the years on local lands in Midland and I would urge caution to anyone outside or inside Texas here. Not really set up as a deposit bank.

Add Your Review

Rate it here →

*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 BestCashCow. BestCashCow expressly disclaims all responsibility for this content.