Texas Heritage National Bank

Texas Heritage National Bank is headquartered in Daingerfield and is the 373^rd largest bank in the state of Texas. It is also the 4,689^th largest bank in the nation. It was established in 1892 and as of September of 2011, it had grown to 33 employees at 5 locations. Texas Heritage National Bank's money market rates are 14% higher than the national average, and it has a 3-star health rating.

Texas Heritage National Bank Routing Number: 111906501

Related Posts

Texas Heritage National Bank Checking Account Rates

Texas Heritage National Bank Savings Account Rates

Texas Heritage National Bank Money Market Rates

Texas Heritage National Bank CD Rates

Texas Heritage National Bank IRA Rates

Data for Q3 2011

Institution Statistics Texas Heritage National Bank FDIC Certificate # 3161 BankRate Report View Year Established 1892 Employees 33 Primary Regulator OCC Assets and Liabilities Assets $110.37 million Loans $70.54 million Deposits $87.62 million Equity Capital $9.60 million Loan Loss Allowance $1.12 million Unbacked Noncurrent Loans $1.61 million Real Estate Owned $52,000 Historic Data - September 2010 Assets $115.45 million Equity Capital $8.27 million Loan Loss Allowance $1.19 million Unbacked Noncurrent Loans $3.14 million Real Estate Owned $40,000 Profit Margin - Quarterly Net Interest Margin 3.8% Return on Assets 0.89% Return on Equity 10.72% Interest Income $3.97 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 September 30, 2011 Texas Heritage National Bank had $1.66 million in non-current loans and owned real-estate with $10.72 million in equity and loan loss allowances on hand to cover it. This gives Texas Heritage National Bank a Texas Ratio of 15.49% 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 Texas Heritage National Bank decreased significantly from 33.59% as of September 30, 2010 to 15.49% as of September 30, 2011, resulting in a positive change of 53.90%.This indicates that the balance sheet and financial strength for Texas Heritage National Bank has improved significantly in recent periods. Deposit Growth In the past year, Texas Heritage National Bank has decreased its total deposits by -$6.31 million, resulting in -6.72% 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 Texas Heritage National Bank has shown is poor. 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. Texas Heritage National Bank has $110.37 million in assets with $10.72 million in equity, resulting in a capitalization level of 9.71%, which is average.

No reviews have been left for this bank yet. Be the first to review.