City Bank (TX)

City Bank (TX) Locations
5219 City Bank Parkway
Lubbock, TX 79407
1-800-687-2265
www.citybankonline.com

FDIC

City Bank (TX) is headquartered in Lubbock and is the 24th largest bank in the state of Texas. It is also the 344th largest bank in the nation. It was established in 1984 and as of March of 2013, it had grown to 505 employees at 24 locations. City Bank (TX) has a 4-star health rating.

Related Posts

City Bank (TX) Rate Drop From 1.5% To 1.25% (Forum) - 2/16/2012

Rate 1.25% effective as of 2/1/2012, dropped from 1.5% at 2011/8 and 2% at 2011/4

High-Yield Reward Checking Account w/o Balance Cap at City Bank - Texas Only - 9/15/2010

City Bank in Texas continues to offer an interesting version of a reward checking account. The rate is lower than many reward checking accounts (2.75% APY as of 9/15/2010) and it has more requirements ...

High-Yield Reward Checking Account on All Balances and Open to All of Texas (City Bank) - 6/20/2008

Update 10/21/08: The top yield has fallen to 3.56% APY. Please see bottom of the post for the rate history.City Bank is offering a reward checking account that pays 3.56% APY on all balances and refunds ATM fees if the following monthly requirements are...



Report an Issue
See Rates for: Checking | Money Market

City Bank (TX) Checking Account Rates

ApyMinMaxProduct
1.03%-$150kReward Checking Best
0.75%$100k$150kRPM Checking
0.65%--Reward Plus Best
0.40%-$150kReward Checking Better
0.25%--Reward Plus Better
0.20%$1k-Business Interest Checking
0.20%$1k-Interest Checking

City Bank (TX) Money Market Rates

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

Rates updated: 6/18/2013

Data for Q1 2013


Institution Statistics


City Bank
FDIC Certificate #25103
BankRate ReportView
Year Established1984
Employees505
Primary RegulatorFDIC

Assets and Liabilities

Assets$2.06 billion
Loans$1.28 billion
Deposits$1.80 billion
Equity Capital$203.32 million
Loan Loss Allowance$27.71 million
Unbacked Noncurrent Loans$44.35 million
Real Estate Owned$22.35 million

Historic Data - March 2012

Assets$2.02 billion
Equity Capital$184.53 million
Loan Loss Allowance$28.88 million
Unbacked Noncurrent Loans$49.55 million
Real Estate Owned$41.41 million

Profit Margin - Quarterly

Net Interest Margin3.5%
Return on Assets0.67%
Return on Equity6.78%
Interest Income$19.02 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 March 31, 2013 City Bank (TX) had $66.7 million in non-current loans and owned real-estate with $231.02 million in equity and loan loss allowances on hand to cover it. This gives City Bank (TX) a Texas Ratio of 28.87% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for City Bank (TX) decreased slightly from 43.51% as of March 31, 2012 to 28.87% as of March 31, 2013, resulting in a positive change of 33.64%.This indicates that the balance sheet and financial strength for City Bank (TX) has improved slightly in recent periods.
Deposit Growth4
In the past year, City Bank (TX) has increased its total deposits by $22.77 million, resulting in 1.28% 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 above average.
Capitalization4
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 $2.06 billion in assets with $231.02 million in equity, resulting in a capitalization level of 11.24%, which is above average.
Write Review

No reviews have been left for this bank yet. Be the first to review.


 
Nationwide Savings Accounts
Featured Accounts
CIT Bank
3-year Term IRA CD
1.21% APY

CIT Bank
* All banks listed are a Member FDIC.