Integrity Bank

4040 Washington Avenue
Houston, TX 77007
713 335 8700
www.ibanktx.com
 

Related Blog Posts

4.01% Reward Checking Account at Integrity Bank in Houston - Local Only - 10/2/2009

Integrity Bank is offering a high-yield reward checking account with the following rates and features if certain monthly requirements are met:4.01% APY on balances up to $25,0000.50% APY on portion of balance over $25,0000.10% on all balances if...

Integrity Bank Fails, Regions Bank Acquires Deposits - 8/29/2008

Integrity Bank of Alpharetta, Georgia was closed today by Georgia regulators and the FDIC was named receiver. Here's the FDIC's press release link, and here's a summary of the closure:Closed Bank: Integrity BankLocation: Alpharetta, GeorgiaSize: 5...

4.50% 6-Month / 5.00% 30-Month CD at a Georgia Bank (Integrity). - 8/16/2008

Update 8/29/08: The bank has been closed by regulators. See post for more details.Integrity Bank has another new CD promotion with some more attractive rates. The 4.50% APY has been extended to 3, 6 and 24 months. It continues to offer 4.50% APY on the...

4.50% 12-Month / 4.25% 10-Month CD at a Georgia Bank (Integrity). - 7/25/2008

Update 8/29/08: The bank has been closed by regulators. See post for more details.Integrity Bank has a new CD promotion with some attractive rates: a 4.50% APY 12-month CD, a 4.00% APY 6-month CD and a 3.75% APY 3-month CD. There's also a special...

2008

2007



Report an Issue
See Rates for: Checking | Savings | Money Market | CD | IRA

Checking Accounts

ApyMinMaxProduct
4.01%-$25kReward Checking
1.75%$100k-Senior Checking 55+
0.20%--NOW - Personal
0.20%--Business NOW Accounts

Savings Accounts

ApyMinMaxProduct
0.30%--Savings

Money Market Accounts

ApyMinMaxProduct
2.10%$5m-Commercial Money Market
1.75%$500k-Personal Money Market Checking

Certificates of Deposit

ApyMinMaxProduct
2.35%--5 Year CD
2.15%--4 Year CD
1.75%--3 Year CD
1.45%--2 Year CD
1.10%--18 Month CD
1.00%--1 Year CD
0.70%--6 Month CD
0.70%--9 Month CD
0.50%--3 Month CD

IRA Accounts

ApyMinMaxProduct
1.75%--3 Year IRA
1.45%--2 Year IRA
1.10%--18 Month IRA
1.00%--1 Year IRA
0.70%--6 Month IRA
0.70%--9 Month IRA
0.50%--3 Month IRA

Institution Statistics


FDIC Certificate #58631
BankRate ReportView
Year Established2007
Employees25
Primary RegulatorFDIC

Assets and Liabilities

Assets$190.75 million
Loans$140.53 million
Deposits$161.47 million
Equity Capital$27.52 million
Loan Loss Allowance$1.89 million
Unbacked Noncurrent Loans$335,000
Real Estate Owned$2.22 million

Historic Data - March 2009

Assets$131.54 million
Equity Capital$28.28 million
Loan Loss Allowance$1.89 million

Profit Margin - Quarterly

Net Interest Margin3.95%
Return on Assets0.23%
Return on Equity1.5%
Interest Income$2.34 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, 2010 Integrity Bank had $2.56 million in non-current loans and owned real-estate with $29.4 million in equity and loan loss allowances on hand to cover it. This gives Integrity Bank a Texas Ratio of 8.69% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth5
In the past year, Integrity Bank has increased it's total deposits by $58.39 million, resulting in 56.65% 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 Integrity Bank 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. Integrity Bank has $190.75 million in assets with $29.4 million in equity, resulting in a capitalization level of 15.41%, which is above average.
Write Review

No reviews have been left for this bank yet. Be the first to review.