Equity Bank

5220 Spring Valley Road, Suite 415
Dallas, TX 75254
214-237-3170
www.theequitybank.com
 

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2.25% 12-Month CD & 2.70% 24-Month CD at Equity Bank in Dallas - Available Nationwide - 7/30/2009

Equity Bank is offering several competitive CD rates. The most competitive rates range from 2.25% APY for a 12-month term to 3.40% APY for a 60-month term. Minimum deposit is $1,000. These CDs are also available in an IRA. Some of the rates listed at the...

4.25% 12-Month / 5.00% 60-Month CD at a Texas Bank (Equity) - 8/4/2008

Equity Bank is offering some attractive CD rates which range from 4.00% APY for a 6-month term to 5.00% APY for a 60-month term. The minimum deposit is $1,000. These CDs are also available in an IRA. The full list of rates are provided in the bank's CD...

3.75% 12-Month / 3.50% 6-Month CD at a Texas Bank (Equity) - 5/27/2008

Equity Bank is advertising a 3.75% APY 12-month CD and a 3.50% APY 6-month CD. The minimum deposit is $1,000. These rates don't seem to be listed at the bank's website. They were advertised in today's Dallas Morning News. The ad is available online...

5.10% 7-Month / 5.00% 12-Month CD at a Dallas Bank (Equity). - 1/23/2008

Update 2/2/08: CD rates have fallen. Please check the bank's website for the latest rates.Equity Bank is listing a 5.10% APY 7-month CD and a 5.00% APY 12-month CD. The minimum deposit is $1,000. They also have some competitive long term CDs with yields...

2007



See Rates for: Money Market | CD | IRA

Money Market Accounts

ApyMinMaxProduct
1.00%$100k-Money Market Account

Certificates of Deposit

ApyMinMaxProduct
2.69%$1k-60 Month CD
2.39%$1k-48 Month CD
2.18%$1k-36 Month CD
1.70%$1k-24 Month CD
1.25%$1k-18 Month CD
1.05%$1k-12 Month CD
0.90%$1k-6 Month CD
0.60%$1k-3 Month CD

IRA Accounts

ApyMinMaxProduct
2.69%$1k-60 Month Roth IRA
2.69%$1k-60 Month IRA
2.39%$1k-48 Month Roth IRA
2.39%$1k-48 Month IRA
2.18%$1k-36 Month Roth IRA
2.18%$1k-36 Month IRA
1.70%$1k-24 Month Roth IRA
1.70%$1k-24 Month IRA
1.25%$1k-18 Month Roth IRA
1.25%$1k-18 Month IRA
1.05%$1k-12 Month Roth IRA
1.05%$1k-12 Month IRA
0.90%$1k-6 Month Roth IRA
0.90%$1k-6 Month IRA
0.60%$1k-3 Month Roth IRA
0.60%$1k-3 Month IRA

Institution Statistics


FDIC Certificate #23498
BankRate ReportView
Year Established1981
Employees33
Primary RegulatorFDIC

Assets and Liabilities

Assets$239.35 million
Loans$175.70 million
Deposits$215.37 million
Equity Capital$22.68 million
Loan Loss Allowance$2.74 million
Unbacked Noncurrent Loans$26.64 million
Real Estate Owned$7.67 million

Historic Data - March 2009

Assets$261.84 million
Equity Capital$26.30 million
Loan Loss Allowance$2.74 million
Unbacked Noncurrent Loans$18.94 million
Real Estate Owned$3.25 million

Profit Margin - Quarterly

Net Interest Margin3.44%
Return on Assets0.35%
Return on Equity3.7%
Interest Income$3.29 million

Institution Health


Overall Score:
1 out of 5
1
Texas Ratio0
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, 2010 Equity Bank had $34.31 million in non-current loans and owned real-estate with $25.41 million in equity and loan loss allowances on hand to cover it. This gives Equity Bank a Texas Ratio of 135.01% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend1
The Texas Ratio for Equity Bank increased significantly from 76.46% as of March 31, 2009 to 135.01% as of March 31, 2010, resulting in a negative change of 76.58%. This indicates that the balance sheet and financial strength for Equity Bank has declined significantly in recent periods.
Deposit Growth2
In the past year, Equity Bank has decreased it's total deposits by -$18.61 million, resulting in -7.96% 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 Equity Bank has shown is below average.
Capitalization2
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. Equity Bank has $239.35 million in assets with $25.41 million in equity, resulting in a capitalization level of 10.62%, which is below average.
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