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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 NexBank had $454,000 in non-current loans and owned real-estate with $131.64 million in equity and loan loss allowances on hand to cover it. This gives NexBank a Texas Ratio of 0.34% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for NexBank experienced no significant changes from 0.11% as of March 31, 2013 to 0.34% as of March 31, 2014, resulting in a negative change of 227.22%. This indicates that the balance sheet and financial strength for NexBank has had no significant changes in recent periods.

Deposit Growth


In the past year, NexBank has increased its total deposits by $418.62 million, resulting in 58.69% 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 NexBank has shown is excellent.



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. NexBank has $1.36 billion in assets with $131.64 million in equity, resulting in a capitalization level of 9.71%, which is above average.

Institution Statistics

FDIC Certificate #29209
Year Established1934
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.36 billion
Loans$1.06 billion
Deposits$1.13 billion
Equity Capital$123.85 million
Loan Loss Allowance$7.78 million
Unbacked Noncurrent Loans$454,000
Real Estate Owned$0
Historic Data - March 2013
Assets$817.42 million
Equity Capital$80.49 million
Loan Loss Allowance$3.95 million
Unbacked Noncurrent Loans$454,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.8%
Return on Assets1.34%
Return on Equity14.9%
Interest Income$10.08 million

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NexBank Savings Account Rates

0.15%--Savings Account

NexBank Money Market Rates

0.50%$100k-High-Yield Money Market Savings
0.25%$250k-Business High-Yield Money Market Savings

NexBank Checking Account Rates

0.40%$100k-Platinum One Checking

NexBank CD Rates

1.25%$10k-Business 24 Month CD
1.25%$10k-24 Month CD
1.15%$10k-18 Month CD
1.15%$10k-Business 18 Month CD
0.90%$10k-12 Month CD
0.90%$10k-Business 12 Month CD
0.65%$10k-60 Month CD
0.65%$10k-Business 60 Month CD
0.50%$10k-48 Month CD
0.50%$10k-Business 48 Month CD
0.45%$10k-36 Month CD
0.45%$10k-Business 36 Month CD
0.20%$10k-6 Month CD
0.20%$10k-Business 6 Month CD
0.15%$10k-3 Month CD
0.15%$10k-Business 3 Month CD
0.10%$10k-1 Month CD
0.10%$10k-2 Month CD
0.10%$10k-Business 1 Month CD
0.10%$10k-Business 2 Month CD

NexBank Locations
Nexbank, SSB2515 Mckinney AveDallas, TX 75201
Preston Center Branch6121 Luther LaneDallas, TX 75225