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Overview / Commentary
325-573-9305
2619 College Avenue
Snyder, TX 79549

Texas Savings Bank is headquartered in Snyder and is the 414st largest bank in the state of Texas. It is also the 5,273rd largest bank in the nation. It was established in 1956 and as of March of 2014, it had grown to 20 employees at 1 location. Texas Savings Bank has a C+ health rating.

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Health

Data for Q1 2014

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Texas Savings Bank has a relatively low asset base.

Texas Ratio

GRADE:
C-

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Texas Savings Bank had $4.62 million in non-current loans and owned real-estate with $8.82 million in equity and loan loss allowances on hand to cover it. This gives Texas Savings Bank a Texas Ratio of 52.35% which is below 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 Savings Bank decreased dramatically from 88.54% as of March 31, 2013 to 52.35% as of March 31, 2014, resulting in a positive change of 40.87%.This indicates that the balance sheet and financial strength for Texas Savings Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
F

In the past year, Texas Savings Bank has decreased its total deposits by -$8.76 million, resulting in -10.92% 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 Savings Bank has shown is poor.

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 Savings Bank has $77.5 million in assets with $8.82 million in equity, resulting in a capitalization level of 11.38%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #30951
Year Established1956
Employees20
Primary RegulatorFDIC
Assets and Liabilities
Assets$77.50 million
Loans$35.12 million
Deposits$71.45 million
Equity Capital$5.91 million
Loan Loss Allowance$2.91 million
Unbacked Noncurrent Loans$2.79 million
Real Estate Owned$1.83 million
Historic Data - March 2013
Assets$86.29 million
Equity Capital$5.93 million
Loan Loss Allowance$4.09 million
Unbacked Noncurrent Loans$2.79 million
Real Estate Owned$497,000
Profit Margin - Quarterly
Net Interest Margin2.84%
Return on Assets-0.52%
Return on Equity-6.85%
Interest Income$633,000
Rates

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Locations


Texas Savings Bank Locations
Texas Savings Bank2619 College AvenueSnyder, TX 79549