Texas Citizens Bank, National Association

Headquarters

4949 Fairmont Parkway
Pasadena, TX 77505
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 1.05% →
2-Year CD N.A. 1.11% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Texas Citizens Bank, National Association is an FDIC insured institution located in Pasadena, TX. It was founded in 2006 and has approximately $0.52 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 58319
Date Established 2006
Assets $ 516.77 million
Loans $ 394.86 million
Deposits $ 406.78 million
Capital $ 51.48 million
 

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

Deposit Rates - August 10, 2020

Your Current Location: Virginia, VA 20146

Checking Rates APY MIN FEE
Reward Plus Checking 1.21% $0 $0.00 Learn MoreShow Less

Loan Rates - August 10, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Texas Citizens Bank, National Association

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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Payment
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NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
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3.494% 3.375% 1.00 $3,750 $1,106 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

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2.990 %
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3.750 %
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3.500 %
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Note to Texas Citizens Bank, National Association
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Branches

Texas Citizens Bank, National Association 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


Texas Citizens Bank, National Association Locations


Financial Details

Texas Citizens Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Texas Citizens Bank, National Association. 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
Texas Citizens Bank, National Association U.S. Bank Average
17.85% 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, Texas Citizens Bank, National Association had $8,954,000 in non-current loans and $1,805,000 in owned real estate. To cover these potential losses it had $51,483,000 in equity and $8,797,000 in loans loss reserves. That gives it a Texas Ratio of 17.85%.

Return on Equity
Texas Citizens Bank, National Association U.S. Bank Average
-9.1% 7.80%

Texas Citizens Bank, National Association has a Return on Equity of -9.1% 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
Texas Citizens Bank, National Association U.S. Bank Average
9.96% 12.68%

Texas Citizens Bank, National Association has a Capitalization of 9.96% 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.

Texas Citizens Bank, National Association Balance Sheet Analysis

As of March 31, 2020, Texas Citizens Bank, National Association had assets of $516,766,000, loans of $394,858,000, and deposits of $406,775,000. 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 $ 92.04 million
Interest-bearing balances $ 79.82 million
Total securities $ 2.62 million
Federal funds sold and reverse repurchase $ 0.57 million
Net loans and leases $ 394.86 million
Loan loss allowance $ 8.80 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.81 million
Goodwill and other intangibles N.A.
All other assets $ 21.34 million
     Total Assets $ 465.28 million
LIABILITIES
Total deposits $ 406.78 million
      Interest-bearing deposits $ 259.57 million
      Deposits held in domestic offices $ 406.78 million
      % insured (estimated) 65.37%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 55.49 million
Subordinated debt N.A.
All other liabilities $ 3.02 million
      Total Liabilities $ 465.28 million
      Shareholders’ Equity $ 51.48 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 6.25 million
Total Interest Expense $ 1.15 million
Net interest income $ 5.09 million
Provision for loan and lease losses $ 1.32 million
Total non interest income $ 0.32 million
Total non interest expense $ 5.61 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Texas Citizens Bank, National Association’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Texas, Texas Citizens Bank, National Association has a significantly higher percent of Small Business Loans, 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 9.22
Multifamily
Mortgages
1.22
Credit Card Loans 0.00
Consumer Auto Loans 0.07
Small Business Loans 10.76
Construction and Development Loans 8.12
Commercial Real Estate 55.35
Commercial and Industrial Loans 21.34
Farm Loans 0.00

Frequently Asked Questions About Texas Citizens Bank, National Association

Branches and Savings

Is Texas Citizens Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #58319.

Why does Texas Citizens Bank, National Association pay such low interest on savings accounts?

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

Why are Texas Citizens Bank, National Association CD rates not competitive?

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

Is Texas Citizens Bank, National Association a commercial bank?

Yes

Where are Texas Citizens Bank, National Association locations?

See branch locations nearby.

Is Texas Citizens Bank, National Association open on Saturdays?

Is Texas Citizens Bank, National Association open on Sundays?

What time does Texas Citizens Bank, National Association open?

What time does Texas Citizens Bank, National Association close?

Are Texas Citizens Bank, National Association ATMs Open 24/7?

Do Texas Citizens Bank, National Association ATMs accept cash deposits?

Can Texas Citizens Bank, National Association customers use other ATMs?

Do Texas Citizens Bank, National Association branches have notaries?

Will Texas Citizens Bank, National Association notarize my document?

What address for Texas Citizens Bank, National Association should I put for incoming ACH transfers?

Will the Texas Citizens Bank, National Association branch print checks?

Do Texas Citizens Bank, National Association checks expire?

Does Texas Citizens Bank, National Association require US citizenship to open account?

Can Texas Citizens Bank, National Association close my account?

Does Texas Citizens Bank, National Association Report to credit bureaus?

Does Texas Citizens Bank, National Association Use Equifax?

What is Texas Citizens Bank, National Association's ACH Routing Number?

What is Texas Citizens Bank, National Association's SWIFT code?

Products

Does Texas Citizens Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Texas Citizens Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Texas Citizens Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Texas Citizens Bank, National Association offer student loans?

Will Texas Citizens Bank, National Association cash a check?

Will Texas Citizens Bank, National Association redeem a savings bond?

Does Texas Citizens Bank, National Association cash savings bonds?

Will Texas Citizens Bank, National Association cash money orders?

Can Texas Citizens Bank, National Association issue a money order?

Does Texas Citizens Bank, National Association do currency exchange?

Background on The Bank

Who owns Texas Citizens Bank, National Association?

How long has Texas Citizens Bank, National Association been around?

Can Texas Citizens Bank, National Association transfer to other banks?

Does Texas Citizens Bank, National Association have quick pay?

Does Texas Citizens Bank, National Association accept rolled coins?

Will Texas Citizens Bank, National Association accept loose change?

Where is Texas Citizens Bank, National Association headquarters?

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