Libertad Bank

Libertad Bank Locations
512 East Riverside Drive Suite 100
Austin, TX 78704
512-693-3600
www.libertadbank.com

Libertad Bank is headquartered in Austin and is the 558th largest bank in the state of Texas. It is also the 6,784th largest bank in the nation. It was established in 2006 and as of September of 2011, it had grown to 12 employees at 1 location. Libertad Bank has a 4-star health rating.

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Data for Q3 2011


Institution Statistics


Libertad Bank SSB
FDIC Certificate #58082
BankRate ReportView
Year Established2006
Employees12
Primary RegulatorFDIC

Assets and Liabilities

Assets$38.70 million
Loans$25.35 million
Deposits$29.05 million
Equity Capital$6.80 million
Loan Loss Allowance$475,000
Unbacked Noncurrent Loans$72,000
Real Estate Owned$1.55 million

Historic Data - September 2010

Assets$37.71 million
Equity Capital$6.74 million
Loan Loss Allowance$464,000
Unbacked Noncurrent Loans$127,000
Real Estate Owned$283,000

Profit Margin - Quarterly

Net Interest Margin4.5%
Return on Assets-1.03%
Return on Equity-5.93%
Interest Income$1.55 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 September 30, 2011 Libertad Bank had $1.62 million in non-current loans and owned real-estate with $7.27 million in equity and loan loss allowances on hand to cover it. This gives Libertad Bank a Texas Ratio of 22.31% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Libertad Bank increased slightly from 5.69% as of September 30, 2010 to 22.31% as of September 30, 2011, resulting in a negative change of 291.91%. This indicates that the balance sheet and financial strength for Libertad Bank has declined slightly in recent periods.
Deposit Growth4
In the past year, Libertad Bank has increased its total deposits by $953,000, resulting in 3.39% 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 Libertad Bank has shown is above average.
Capitalization5
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. Libertad Bank has $38.7 million in assets with $7.27 million in equity, resulting in a capitalization level of 18.79%, which is excellent.
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