Justin State Bank

Justin State Bank is headquartered in Justin and is the 462^nd largest bank in the state of Texas. It is also the 5,710^st largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 21 employees at 1 location. Justin State Bank has a 4-star health rating.

Justin State Bank Routing Number: 111911224

Data for Q1 2012

Institution Statistics Justin State Bank FDIC Certificate # 12308 BankRate Report View Year Established 1907 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $72.26 million Loans $53.55 million Deposits $63.56 million Equity Capital $8.62 million Loan Loss Allowance $808,000 Unbacked Noncurrent Loans $2.48 million Real Estate Owned $2.62 million Historic Data - March 2011 Assets $66.90 million Equity Capital $7.91 million Loan Loss Allowance $968,000 Unbacked Noncurrent Loans $1.72 million Real Estate Owned $3.48 million Profit Margin - Quarterly Net Interest Margin 5.48% Return on Assets 2.24% Return on Equity 18.76% Interest Income $917,000

Institution Health Overall Score: 4 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 Justin State Bank had $5.1 million in non-current loans and owned real-estate with $9.43 million in equity and loan loss allowances on hand to cover it. This gives Justin State Bank a Texas Ratio of 54.10% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Justin State Bank held steady from 58.59% as of March 31, 2011 to 54.10% as of March 31, 2012, resulting in a positive change of 7.67%.This indicates that the balance sheet and financial strength for Justin State Bank has held steady in recent periods. Deposit Growth In the past year, Justin State Bank has increased its total deposits by $4.79 million, resulting in 8.14% 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 Justin 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. Justin State Bank has $72.26 million in assets with $9.43 million in equity, resulting in a capitalization level of 13.05%, which is excellent.

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