Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
913-327-1212
4707 West 135th St
Leawood, KS 66224

CrossFirst Bank is headquartered in Leawood and is the 9th largest bank in the state of Kansas. It is also the 692nd largest bank in the nation. It was established in 2007 and as of June of 2014, it had grown to 101 employees at 4 locations. CrossFirst Bank has a A+ health rating.

Related Posts



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



Health

Data for Q2 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 CrossFirst Bank had $1.75 million in non-current loans and owned real-estate with $107.44 million in equity and loan loss allowances on hand to cover it. This gives CrossFirst Bank a Texas Ratio of 1.63% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for CrossFirst Bank experienced no significant changes from 1.50% as of June 30, 2013 to 1.63% as of June 30, 2014, resulting in a negative change of 8.64%. This indicates that the balance sheet and financial strength for CrossFirst Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, CrossFirst Bank has increased its total deposits by $252.52 million, resulting in 49.28% 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 CrossFirst Bank has shown is excellent.

Capitalization

GRADE:
A

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 $969.2 million in assets with $107.44 million in equity, resulting in a capitalization level of 11.09%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58648
Year Established2007
Employees101
Primary RegulatorFDIC
Assets and Liabilities
Assets$969.20 million
Loans$556.46 million
Deposits$764.94 million
Equity Capital$100.21 million
Loan Loss Allowance$7.23 million
Unbacked Noncurrent Loans$1.75 million
Real Estate Owned$0
Historic Data - June 2013
Assets$629.54 million
Equity Capital$67.14 million
Loan Loss Allowance$5.31 million
Unbacked Noncurrent Loans$1.75 million
Real Estate Owned$250,000
Profit Margin - Quarterly
Return on Assets0.71%
Return on Equity6.9%
Interest Income$18.00 million
Rates

Sorry, we do not have rate data for CrossFirst Bank

Locations


CrossFirst Bank Locations
Crossfirst Bank Wichita1313 North Webb Road, Suite 230Wichita, KS 67206
Crossfirst Bank4707 West 135th StLeawood, KS 66224
Crossfirst Bank Oklahoma City Branch5001 Gaillardia Corporate PlaceOklahoma City, OK 73142
Branch Office7120 South LewisTulsa, OK 74136