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Overview / Commentary
800-687-2265
5219 City Bank Parkway
Lubbock, TX 79407

City Bank (TX) is headquartered in Lubbock and is the 23rd largest bank in the state of Texas. It is also the 335th largest bank in the nation. It was established in 1984 and as of December of 2013, it had grown to 520 employees at 24 locations. City Bank (TX) has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 City Bank (TX) had $32.16 million in non-current loans and owned real-estate with $234.92 million in equity and loan loss allowances on hand to cover it. This gives City Bank (TX) a Texas Ratio of 13.69% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for City Bank (TX) decreased dramatically from 29.07% as of December 31, 2012 to 13.69% as of December 31, 2013, resulting in a positive change of 52.91%.This indicates that the balance sheet and financial strength for City Bank (TX) has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, City Bank (TX) has increased its total deposits by $127.38 million, resulting in 7.18% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth City Bank (TX) has shown is excellent.

Capitalization

GRADE:
B+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. City Bank (TX) has $2.16 billion in assets with $234.92 million in equity, resulting in a capitalization level of 10.88%, which is above average.

Institution Statistics

Overall
FDIC Certificate #25103
Year Established1984
Employees520
Primary RegulatorFDIC
Assets and Liabilities
Assets$2.16 billion
Loans$1.31 billion
Deposits$1.90 billion
Equity Capital$207.22 million
Loan Loss Allowance$27.71 million
Unbacked Noncurrent Loans$19.33 million
Real Estate Owned$12.83 million
Historic Data - December 2012
Assets$2.02 billion
Equity Capital$200.29 million
Loan Loss Allowance$31.36 million
Unbacked Noncurrent Loans$19.33 million
Real Estate Owned$27.69 million
Profit Margin - Quarterly
Net Interest Margin3.58%
Return on Assets1.04%
Return on Equity10.55%
Interest Income$79.40 million
Rates
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City Bank (TX) Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$100k-Money Market
0.40%$100k-Business Money Market

City Bank (TX) Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.85%-$150kReward Checking Best
0.60%$100k$150kRPM Checking
0.50%--Reward Plus Best
0.40%-$150kReward Checking Better
0.25%--Reward Plus Better
0.10%$1k-Business Interest Checking
0.10%$1k-Interest Checking
0.05%--Reward Checking Best
0.05%--Reward Plus Best
Locations

City Bank (TX) has 23 locations. Click to view all City Bank (TX) locations.