Institution Statistics
| Extraco Banks, National Association | | FDIC Certificate # | 5551 | | BankRate Report | View | | Year Established | 1933 | | Employees | 388 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $1.22 billion | | Loans | $610.14 million | | Deposits | $910.40 million | | Equity Capital | $118.48 million | | Loan Loss Allowance | $19.74 million | | Unbacked Noncurrent Loans | $3.43 million | | Real Estate Owned | $832,000 |
Historic Data - March 2011 | | Assets | $1.18 billion | | Equity Capital | $110.43 million | | Loan Loss Allowance | $19.71 million | | Unbacked Noncurrent Loans | $2.93 million | | Real Estate Owned | $491,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.23% | | Return on Assets | 1.03% | | Return on Equity | 10.55% | | Interest Income | $10.75 million |
|
|
Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | 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 Extraco Banks, N. A. had $4.26 million in non-current loans and owned real-estate with $138.22 million in equity and loan loss allowances on hand to cover it. This gives Extraco Banks, N. A. a Texas Ratio of 3.08% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Extraco Banks, N. A. held steady from 2.63% as of March 31, 2011 to 3.08% as of March 31, 2012, resulting in a negative change of 17.27%. This indicates that the balance sheet and financial strength for Extraco Banks, N. A. has held steady in recent periods. | | Deposit Growth | | | In the past year, Extraco Banks, N. A. has increased its total deposits by $50.37 million, resulting in 5.86% 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 Extraco Banks, N. A. has shown is excellent. | | Capitalization |  | | 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. Extraco Banks, N. A. has $1.22 billion in assets with $138.22 million in equity, resulting in a capitalization level of 11.36%, which is above average. |
|
Average User Rating:
Best Banking Experience
Extraco bank has great employees, great services, and no ridiculous and unscrupulous banking practices. We have encountered several issues with "the big banks" where we have tried their services with an "open an account and get free money" deal. In every case, we found that the gimmick of free money was just that. Incessant service fees, processing debits to your account before deposits, and not allowing me to transfer money from one account held with them to another account for my father (even with my allowing them to mail the receipt straight to him) meant we hit fees we never intended and would never have seen at Extraco. I found my hometown bank is still the best. With all the antics of banks that promise the world to earn your business, then treat you like you should be grateful to be a customer, it's nice to know there are banks that deliver on those promises. I would recommend Extraco wholeheartedly. (I don't work for them, no one in my family works for them, but they have been my primary bank for 13 years.) Traci F.