Lubbock National Bank

Lubbock National Bank Locations
4811 50th Street
Lubbock, TX 79413
(806) 792-1000
www.lubbocknational.com

Lubbock National Bank is headquartered in Lubbock and is the 67th largest bank in the state of Texas. It is also the 904th largest bank in the nation. It was established in 1978 and as of March of 2012, it had grown to 156 employees at 12 locations. Lubbock National Bank has a 4-star health rating.

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Data for Q1 2012


Institution Statistics


Lubbock National Bank
FDIC Certificate #22752
BankRate ReportView
Year Established1978
Employees156
Primary RegulatorOCC

Assets and Liabilities

Assets$738.11 million
Loans$358.29 million
Deposits$641.11 million
Equity Capital$73.49 million
Loan Loss Allowance$6.83 million
Unbacked Noncurrent Loans$17.94 million
Real Estate Owned$5.26 million

Historic Data - March 2011

Assets$711.78 million
Equity Capital$62.36 million
Loan Loss Allowance$6.98 million
Unbacked Noncurrent Loans$15.99 million
Real Estate Owned$8.75 million

Profit Margin - Quarterly

Net Interest Margin3.64%
Return on Assets0.6%
Return on Equity6.01%
Interest Income$7.53 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, 2012 Lubbock National Bank had $23.19 million in non-current loans and owned real-estate with $80.33 million in equity and loan loss allowances on hand to cover it. This gives Lubbock National Bank 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 Lubbock National Bank decreased slightly from 35.58% as of March 31, 2011 to 28.87% as of March 31, 2012, resulting in a positive change of 18.85%.This indicates that the balance sheet and financial strength for Lubbock National Bank has improved slightly in recent periods.
Deposit Growth4
In the past year, Lubbock National Bank has increased its total deposits by $19.95 million, resulting in 3.21% 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 Lubbock National Bank 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. Lubbock National Bank has $738.11 million in assets with $80.33 million in equity, resulting in a capitalization level of 10.88%, which is above average.
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