Providence Bank of Texas

Providence Bank of Texas is headquartered in Southlake and is the 400^th largest bank in the state of Texas. It is also the 4,918^st largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 12 employees at 2 locations. Providence Bank of Texas has a 3-star health rating.

Providence Bank of Texas Routing Number: 111994115

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Data for Q1 2012

Institution Statistics Providence Bank of Texas FDIC Certificate # 58560 BankRate Report View Year Established 2007 Employees 12 Primary Regulator FDIC Assets and Liabilities Assets $101.26 million Loans $68.58 million Deposits $90.90 million Equity Capital $10.24 million Loan Loss Allowance $1.03 million Unbacked Noncurrent Loans $1.81 million Real Estate Owned $114,000 Historic Data - March 2011 Assets $103.86 million Equity Capital $8.92 million Loan Loss Allowance $1.18 million Unbacked Noncurrent Loans $164,000 Real Estate Owned $1.03 million Profit Margin - Quarterly Net Interest Margin 3.64% Return on Assets 0.69% Return on Equity 6.74% Interest Income $1.11 million

Institution Health Overall Score: 3 out of 5 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 March 31, 2012 Providence Bank of Texas had $1.93 million in non-current loans and owned real-estate with $11.28 million in equity and loan loss allowances on hand to cover it. This gives Providence Bank of Texas a Texas Ratio of 17.09% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Providence Bank of Texas increased slightly from 11.81% as of March 31, 2011 to 17.09% as of March 31, 2012, resulting in a negative change of 44.70%. This indicates that the balance sheet and financial strength for Providence Bank of Texas has declined slightly in recent periods. Deposit Growth In the past year, Providence Bank of Texas has decreased its total deposits by -$3.93 million, resulting in -4.14% 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 Providence Bank of Texas has shown is below average. Capitalization 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. Providence Bank of Texas has $101.26 million in assets with $11.28 million in equity, resulting in a capitalization level of 11.14%, which is above average.

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