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Overview / Commentary
713-400-7100
7500 San Felipe, Suite 125
Houston, TX 77063

Patriot Bank (TX) is headquartered in Houston and is the 36th largest bank in the state of Texas. It is also the 525th largest bank in the nation. It was established in 1930 and as of December of 2013, it had grown to 237 employees at 10 locations. Patriot Bank (TX) has a B+ health rating.

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Reviews (1)

Top Of Its Class!

I usually do not comment much, but last fall I experienced the best service I have ever received from a financial services company.  A relative recommended I contact this small bank where they had recentlhy moved all of their family accounts.  I stopped by and was treated with respect - and as an ex service memeber I was proud of the name!  A bank officer names Tony Barnard spent an hour with me talking with me about my new business venture and genuninely listed to my loan needs.  I decided to move all my business (not just my family accounts) and have been very satisfied with my new accout officer named Frank Romer.  Good job Patriot we are off to a good start.



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
C

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 Patriot Bank (TX) had $46.66 million in non-current loans and owned real-estate with $149.68 million in equity and loan loss allowances on hand to cover it. This gives Patriot Bank (TX) a Texas Ratio of 31.17% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Patriot Bank (TX) decreased dramatically from 47.15% as of December 31, 2012 to 31.17% as of December 31, 2013, resulting in a positive change of 33.88%.This indicates that the balance sheet and financial strength for Patriot Bank (TX) has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, Patriot Bank (TX) has increased its total deposits by $36.33 million, resulting in 3.61% 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 Patriot Bank (TX) 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. Patriot Bank (TX) has $1.27 billion in assets with $149.68 million in equity, resulting in a capitalization level of 11.75%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #3258
Year Established1930
Employees237
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.27 billion
Loans$833.64 million
Deposits$1.04 billion
Equity Capital$135.38 million
Loan Loss Allowance$14.30 million
Unbacked Noncurrent Loans$20.97 million
Real Estate Owned$25.68 million
Historic Data - December 2012
Assets$1.20 billion
Equity Capital$131.64 million
Loan Loss Allowance$15.23 million
Unbacked Noncurrent Loans$20.97 million
Real Estate Owned$49.67 million
Profit Margin - Quarterly
Net Interest Margin2.97%
Return on Assets0.66%
Return on Equity6.02%
Interest Income$46.24 million
Rates
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Patriot Bank (TX) CD Rates

DetailsAPYMINMAXPRODUCT
1.00%--Special Offer 24 Month CD
Locations


Patriot Bank (TX) Locations
Friendswood Branch102 West ParkwoodFriendswood, TX 77546
Mesquite Branch1438 Oates DriveMesquite, TX 75150
Honey Grove Branch201 West Main StreetHoney Grove, TX 75446
Bay Area Branch2424 Bay Area BlvdHouston, TX 77058
Dallas Lincoln Center Branch5580 Lbj Freeway Suite 100Dallas, TX 75240
Wescott & Memorial Branch5900 Memorial Dr., Suite 100Houston, TX 77007
Allen Branch700 Central Expressway South Suite 120Allen, TX 75013
Patriot Bank7500 San Felipe StreetHouston, TX 77063
Chimney Rock/Queen Anne Branch8301 Katy FreewayHouston, TX 77024
Katy Freeway Branch9545 Katy Freeway Ste 100Houston, TX 77024