CrossFirst Bank

CrossFirst Bank Locations
11225 College Boulevard, Suite 150
Overland Park, KS 66210
www.crossfirstbank.com

CrossFirst Bank is headquartered in Overland Park and is the 49th largest bank in the state of Kansas. It is also the 2,571st largest bank in the nation. It was established in 2007 and as of September of 2011, it had grown to 30 employees at 1 location. CrossFirst Bank has a 5-star health rating.

CrossFirst Bank Routing Number: 101015282

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2% 6-to-13 Month CD & 2% Savings Account Continues at CrossFirst Bank in KC Metro - Local Only (Forum) - 2/21/2010

CrossFirst Bank continues to offer excellent CD and savings account deals. The CDs have a 2.00% APY and you're allowed to pick a term from 6 to 13 months. The savings account has a 2.00% APY, and there's a guarantee that it won't droop below 1.50% APY thr

2.00% 6-to-13 Month CD & 2% Savings Account with Rate Guarantees at CrossFirst Bank in Kansas City Metro - Local Only - 12/13/2009

CrossFirst Bank is offering two very competitive deposit specials. The first is a 2.00% APY CD that allows you to choose a term from 6 to 13 months. Minimum deposit is $1,000. The second special is a savings account with a 2.00% APY. It's guaranteed not...


Data for Q3 2011


Institution Statistics


CrossFirst Bank
FDIC Certificate #58648
BankRate ReportView
Year Established2007
Employees30
Primary RegulatorFDIC

Assets and Liabilities

Assets$247.22 million
Loans$126.40 million
Deposits$203.64 million
Equity Capital$26.72 million
Loan Loss Allowance$2.23 million
Unbacked Noncurrent Loans$1.43 million
Real Estate Owned$466,000

Historic Data - September 2010

Assets$201.90 million
Equity Capital$18.44 million
Loan Loss Allowance$1.50 million
Unbacked Noncurrent Loans$1.86 million
Real Estate Owned$25,000

Profit Margin - Quarterly

Net Interest Margin3.51%
Return on Assets1.38%
Return on Equity12.77%
Interest Income$8.15 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 September 30, 2011 CrossFirst Bank had $1.9 million in non-current loans and owned real-estate with $28.95 million in equity and loan loss allowances on hand to cover it. This gives CrossFirst Bank a Texas Ratio of 6.55% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for CrossFirst Bank decreased slightly from 9.43% as of September 30, 2010 to 6.55% as of September 30, 2011, resulting in a positive change of 30.55%.This indicates that the balance sheet and financial strength for CrossFirst Bank has improved slightly in recent periods.
Deposit Growth5
In the past year, CrossFirst Bank has increased its total deposits by $36.43 million, resulting in 21.79% 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 CrossFirst Bank has shown is excellent.
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. CrossFirst Bank has $247.22 million in assets with $28.95 million in equity, resulting in a capitalization level of 11.71%, which is above average.
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