Independent Bank of Texas

Independent Bank of Texas is headquartered in Irving and is the 371^st largest bank in the state of Texas. It is also the 4,643^rd largest bank in the nation. It was established in 2003 and as of December of 2012, it had grown to 19 employees at 2 locations. Independent Bank of Texas' savings rates are 92% higher than the national average, and it has a 3-star health rating.

Independent Bank of Texas Routing Number: 111924651

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Data for Q4 2012

Institution Statistics Independent Bank of Texas FDIC Certificate # 57476 BankRate Report View Year Established 2003 Employees 19 Primary Regulator FED Assets and Liabilities Assets $109.62 million Loans $73.89 million Deposits $95.83 million Equity Capital $8.74 million Loan Loss Allowance $815,000 Unbacked Noncurrent Loans $1.61 million Real Estate Owned $297,000 Historic Data - December 2011 Assets $89.36 million Equity Capital $8.52 million Loan Loss Allowance $786,000 Unbacked Noncurrent Loans $31,000 Real Estate Owned $1.27 million Profit Margin - Quarterly Net Interest Margin 3.91% Return on Assets 0.32% Return on Equity 3.74% Interest Income $4.58 million

Institution Health Overall Score: 3 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, 2012 Independent Bank of Texas had $1.91 million in non-current loans and owned real-estate with $9.55 million in equity and loan loss allowances on hand to cover it. This gives Independent Bank of Texas a Texas Ratio of 20.01% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Independent Bank of Texas increased slightly from 13.93% as of December 31, 2011 to 20.01% as of December 31, 2012, resulting in a negative change of 43.64%. This indicates that the balance sheet and financial strength for Independent Bank of Texas has declined slightly in recent periods. Deposit Growth In the past year, Independent Bank of Texas has increased its total deposits by $22.37 million, resulting in 30.46% 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 Independent Bank of Texas 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. Independent Bank of Texas has $109.62 million in assets with $9.55 million in equity, resulting in a capitalization level of 8.71%, which is average.

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