First Private Bank of Texas

First Private Bank of Texas Locations
8201 Preston Road - Suite 200
Dallas, TX 75225
www.firstprivatetx.com



First Private Bank of Texas is headquartered in Dallas and is the 183rd largest bank in the state of Texas. It is also the 2,271st largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 29 employees at 3 locations. First Private Bank of Texas has a 5-star health rating.

First Private Bank of Texas Routing Number: 111025518


Data for Q1 2012


Institution Statistics


First Private Bank of Texas
FDIC Certificate #58497
BankRate ReportView
Year Established2007
Employees29
Primary RegulatorFDIC

Assets and Liabilities

Assets$287.02 million
Loans$174.13 million
Deposits$252.06 million
Equity Capital$29.68 million
Loan Loss Allowance$933,000

Historic Data - March 2011

Assets$243.22 million
Equity Capital$27.95 million
Loan Loss Allowance$833,000

Profit Margin - Quarterly

Net Interest Margin2.42%
Return on Assets0.31%
Return on Equity3.02%
Interest Income$2.33 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 March 31, 2012 First Private Bank of Texas had $0 in non-current loans and owned real-estate with $30.62 million in equity and loan loss allowances on hand to cover it. This gives First Private Bank of Texas a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth5
In the past year, First Private Bank of Texas has increased its total deposits by $46.97 million, resulting in 22.9% 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 First Private Bank of Texas 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. First Private Bank of Texas has $287.02 million in assets with $30.62 million in equity, resulting in a capitalization level of 10.67%, which is above average.
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