Spirit of Texas Bank, SSB

Spirit of Texas Bank, SSB is headquartered in College Station and is the 167^th largest bank in the state of Texas. It is also the 2,145^th largest bank in the nation. It was established in 1976 and as of March of 2012, it had grown to 92 employees at 10 locations. Spirit of Texas Bank, SSB has a 5-star health rating.

Data for Q1 2012

Institution Statistics Spirit of Texas Bank, SSB FDIC Certificate # 22327 BankRate Report View Year Established 1976 Employees 92 Primary Regulator FDIC Assets and Liabilities Assets $304.79 million Loans $216.97 million Deposits $265.05 million Equity Capital $37.79 million Loan Loss Allowance $1.68 million Unbacked Noncurrent Loans $259,000 Real Estate Owned $26,000 Historic Data - March 2011 Assets $209.25 million Equity Capital $30.95 million Loan Loss Allowance $1.28 million Unbacked Noncurrent Loans $400,000 Real Estate Owned $66,000 Profit Margin - Quarterly Net Interest Margin 4.54% Return on Assets 0.36% Return on Equity 3.01% Interest Income $3.90 million

Institution Health Overall Score: 5 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 Spirit of Texas Bank, SSB had $285,000 in non-current loans and owned real-estate with $39.47 million in equity and loan loss allowances on hand to cover it. This gives Spirit of Texas Bank, SSB a Texas Ratio of 0.72% 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 Spirit of Texas Bank, SSB decreased significantly from 1.45% as of March 31, 2011 to 0.72% as of March 31, 2012, resulting in a positive change of 50.05%.This indicates that the balance sheet and financial strength for Spirit of Texas Bank, SSB has improved significantly in recent periods. Deposit Growth In the past year, Spirit of Texas Bank, SSB has increased its total deposits by $88.72 million, resulting in 50.32% 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 Spirit of Texas Bank, SSB has shown is excellent. 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. Spirit of Texas Bank, SSB has $304.79 million in assets with $39.47 million in equity, resulting in a capitalization level of 12.95%, which is excellent.

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