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Data for Q4 2013

Institution Health


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 December 31, 2013 NexBank had $1.09 million in non-current loans and owned real-estate with $120.28 million in equity and loan loss allowances on hand to cover it. This gives NexBank a Texas Ratio of 0.91% 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 decreased dramatically from 2.50% as of December 31, 2012 to 0.91% as of December 31, 2013, resulting in a positive change of 63.64%.This indicates that the balance sheet and financial strength for NexBank has improved dramatically in recent periods.

Deposit Growth


In the past year, NexBank has increased its total deposits by $451.13 million, resulting in 81.1% 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 $1.27 billion in assets with $120.28 million in equity, resulting in a capitalization level of 9.47%, which is average.

Institution Statistics

FDIC Certificate #29209
Year Established1934
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.27 billion
Loans$948.56 million
Deposits$1.01 billion
Equity Capital$112.95 million
Loan Loss Allowance$7.33 million
Unbacked Noncurrent Loans$1.09 million
Real Estate Owned$0
Historic Data - December 2012
Assets$784.78 million
Equity Capital$74.60 million
Loan Loss Allowance$3.70 million
Unbacked Noncurrent Loans$1.09 million
Real Estate Owned$595,000
Profit Margin - Quarterly
Net Interest Margin2.94%
Return on Assets1.34%
Return on Equity14.11%
Interest Income$33.93 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

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
0.40%$10k-Business 24 Month CD
0.40%$10k-24 Month CD
0.35%$10k-18 Month CD
0.35%$10k-Business 18 Month CD
0.30%$10k-12 Month CD
0.30%$10k-Business 12 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