Institution Statistics
| Hamilton State Bank | | FDIC Certificate # | 57810 | | BankRate Report | View | | Year Established | 2004 | | Employees | 220 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $909.13 million | | Loans | $424.86 million | | Deposits | $727.51 million | | Equity Capital | $147.50 million | | Loan Loss Allowance | $3.15 million | | Unbacked Noncurrent Loans | $13.37 million | | Real Estate Owned | $4.69 million |
Historic Data - December 2010 | | Assets | $244.90 million | | Equity Capital | $36.10 million | | Loan Loss Allowance | $3.37 million | | Unbacked Noncurrent Loans | $6.24 million | | Real Estate Owned | $5.16 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.14% | | Return on Assets | 1.21% | | Return on Equity | 7.21% | | Interest Income | $27.88 million |
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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 December 31, 2011 Hamilton State Bank had $18.06 million in non-current loans and owned real-estate with $150.65 million in equity and loan loss allowances on hand to cover it. This gives Hamilton State Bank a Texas Ratio of 11.99% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Hamilton State Bank decreased significantly from 28.86% as of December 31, 2010 to 11.99% as of December 31, 2011, resulting in a positive change of 58.46%.This indicates that the balance sheet and financial strength for Hamilton State Bank has improved significantly in recent periods. | | Deposit Growth | | | In the past year, Hamilton State Bank has increased its total deposits by $527.83 million, resulting in 264.34% 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 Hamilton State Bank 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. Hamilton State Bank has $909.13 million in assets with $150.65 million in equity, resulting in a capitalization level of 16.57%, which is excellent. |
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Average User Rating:
STAY AWAY FROM THE MORTGAGE DEPT!!
My husband and I built a house this year and used (after high recommendations from the builder) went with Hamilton State Bank for our construction loan. Our house was finished in May and the bank has been trying to do the final closing on our house ever since then. It is now the middle of November, and they still have NO idea when we are closing. I will call, leave a message, and they call me back days sometimes weeks later, if at all. When I talk to them, they tell me that we are close and they will call back the next week, never to be heard from until I call three weeks later. The builder told me that I would have to pay minimal construction interest because they should have us closing within 30 days. Since then we have paid almost $1200 a month in interest! It has gotten beyond the point of ridiculous!! I don't know if we are the only case of this happening to a customer or not but I do NOT recommend this bank for mortgages!!