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Overview / Commentary
512-693-3600
512 East Riverside Drive Suite 100
Austin, TX 78704

Libertad Bank is headquartered in Austin and is the 460th largest bank in the state of Texas. It is also the 5,863rd largest bank in the nation. It was established in 2006 and as of December of 2013, it had grown to 10 employees at 1 location. Libertad Bank's money market rates are 2X the national average, and it has a A health rating.

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Texas Money Market and CD Specials with Top Rates at Libertad Bank - 5/16/2013

For much of the last year Libertad Bank had been offering a great 18-month CD deal. That has ended, but it now has new deals that are even better, especially for those who don’t like to lock into CDs. ...



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Health

Data for Q4 2013

Institution Health

A
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Libertad Bank has a relatively low asset base.

Texas Ratio

GRADE:
A+

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, 2013 Libertad Bank had $303,000 in non-current loans and owned real-estate with $6.82 million in equity and loan loss allowances on hand to cover it. This gives Libertad Bank a Texas Ratio of 4.44% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Libertad Bank experienced no significant changes from 3.64% as of December 31, 2012 to 4.44% as of December 31, 2013, resulting in a negative change of 21.96%. This indicates that the balance sheet and financial strength for Libertad Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Libertad Bank has increased its total deposits by $12.36 million, resulting in 38.88% 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 excellent.

Capitalization

GRADE:
A+

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 $55.62 million in assets with $6.82 million in equity, resulting in a capitalization level of 12.26%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58082
Year Established2006
Employees10
Primary RegulatorFDIC
Assets and Liabilities
Assets$55.62 million
Loans$40.37 million
Deposits$44.17 million
Equity Capital$6.29 million
Loan Loss Allowance$530,000
Unbacked Noncurrent Loans$143,000
Real Estate Owned$160,000
Historic Data - December 2012
Assets$41.14 million
Equity Capital$6.04 million
Loan Loss Allowance$580,000
Unbacked Noncurrent Loans$143,000
Real Estate Owned$68,000
Profit Margin - Quarterly
Net Interest Margin3.92%
Return on Assets0.45%
Return on Equity3.74%
Interest Income$2.41 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Libertad Bank, we are a rate comparison website and can not provide official rates or promotions.

Libertad Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Savings Account

Libertad Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
1.00%$100k-Money Market Account

Libertad Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Premier Checking

Libertad Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$10k-12 Month CD
1.00%$1k-24 Month CD
0.90%$1k-18 Month CD
0.75%$10k-6 Month CD
0.25%$10k-3 Month CD
0.10%$1k-1 Month CD
Locations


Libertad Bank Locations
Libertad Bank SSB512 E Riverside DrAustin, TX 78704