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Overview / Commentary
903-586-0931
300 Neches Street
Jacksonville, TX 75766

Texas National Bank of Jacksonville is headquartered in Jacksonville and is the 156th largest bank in the state of Texas. It is also the 1,836th largest bank in the nation. It was established in 1985 and as of December of 2013, it had grown to 68 employees at 5 locations. Texas National Bank of Jacksonville's money market rates are 93% higher than the national average, and it has a B+ health rating.

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

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 Texas National Bank of Jacksonville had $5.42 million in non-current loans and owned real-estate with $40.26 million in equity and loan loss allowances on hand to cover it. This gives Texas National Bank of Jacksonville a Texas Ratio of 13.46% which is above 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 Texas National Bank of Jacksonville decreased dramatically from 20.54% as of December 31, 2012 to 13.46% as of December 31, 2013, resulting in a positive change of 34.48%.This indicates that the balance sheet and financial strength for Texas National Bank of Jacksonville has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, Texas National Bank of Jacksonville has increased its total deposits by $12.75 million, resulting in 4.47% 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 National Bank of Jacksonville 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. Texas National Bank of Jacksonville has $356.31 million in assets with $40.26 million in equity, resulting in a capitalization level of 11.30%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #26181
Year Established1985
Employees68
Primary RegulatorOCC
Assets and Liabilities
Assets$356.31 million
Loans$318.55 million
Deposits$297.71 million
Equity Capital$35.47 million
Loan Loss Allowance$4.79 million
Unbacked Noncurrent Loans$2.32 million
Real Estate Owned$3.10 million
Historic Data - December 2012
Assets$340.38 million
Equity Capital$31.55 million
Loan Loss Allowance$4.44 million
Unbacked Noncurrent Loans$2.32 million
Real Estate Owned$305,000
Profit Margin - Quarterly
Net Interest Margin4.54%
Return on Assets1.41%
Return on Equity14.52%
Interest Income$18.15 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Texas National Bank of Jacksonville, we are a rate comparison website and can not provide official rates or promotions.

Texas National Bank of Jacksonville Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Savings Account

Texas National Bank of Jacksonville Money Market Rates

DetailsAPYMINMAXPRODUCT
0.85%$500k-Money Market Savings

Texas National Bank of Jacksonville Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.60%$500k-Now Account

Texas National Bank of Jacksonville CD Rates

DetailsAPYMINMAXPRODUCT
1.51%$500-60 Month CD
1.51%$500-Business 60 Month CD
1.01%$500-36 Month CD
1.01%$500-Business 36 Month CD
0.85%$500-24 Month CD
0.85%$500-Business 24 Month CD
0.75%$500-18 Month CD
0.75%$500-Business 18 Month CD
0.60%$500-12 Month CD
0.60%$500-Business 12 Month CD
0.45%$500-6 Month CD
0.45%$500-Business 6 Month CD
0.20%$500-3 Month CD
0.20%$500-Business 3 Month CD
0.15%$500-1 Month CD
0.15%$500-Business 1 Month CD
Locations


Texas National Bank of Jacksonville Locations
Texas National Bank Of Jacksonville300 Neches StreetJacksonville, TX 75766
Rusk Branch484 North Main StreetRusk, TX 75785
Bullard Branch524 East MainBullard, TX 75757
Longview Branch612 East Hawkins ParkwayLongview, TX 75605
Marshall Branch716 East End BoulevardMarshall, TX 75670