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Overview / Commentary
713-666-2511
5501 Bissonnet
Houston, TX 77081

Tradition Bank is headquartered in Houston and is the 102nd largest bank in the state of Texas. It is also the 1,285th largest bank in the nation. It was established in 1980 and as of June of 2014, it had grown to 115 employees at 7 locations. Tradition Bank has a A+ health rating.

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Health

Data for Q2 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

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 June 30, 2014 Tradition Bank had $1.97 million in non-current loans and owned real-estate with $53.28 million in equity and loan loss allowances on hand to cover it. This gives Tradition Bank a Texas Ratio of 3.71% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Tradition Bank decreased dramatically from 7.67% as of June 30, 2013 to 3.71% as of June 30, 2014, resulting in a positive change of 51.70%.This indicates that the balance sheet and financial strength for Tradition Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Tradition Bank has increased its total deposits by $33.55 million, resulting in 7.73% 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 Tradition Bank has shown is excellent.

Capitalization

GRADE:
B+

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. Tradition Bank has $524.4 million in assets with $53.28 million in equity, resulting in a capitalization level of 10.16%, which is above average.

Institution Statistics

Overall
FDIC Certificate #23032
Year Established1980
Employees115
Primary RegulatorFED
Assets and Liabilities
Assets$524.40 million
Loans$227.89 million
Deposits$467.69 million
Equity Capital$49.04 million
Loan Loss Allowance$4.24 million
Unbacked Noncurrent Loans$729,000
Real Estate Owned$1.25 million
Historic Data - June 2013
Assets$484.01 million
Equity Capital$44.96 million
Loan Loss Allowance$4.05 million
Unbacked Noncurrent Loans$729,000
Real Estate Owned$2.55 million
Profit Margin - Quarterly
Return on Assets0.83%
Return on Equity9.05%
Interest Income$9.69 million
Rates

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

Tradition Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Young Investors Savings
0.25%$100-Traditional Savings
0.25%$100-Business Savings

Tradition Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-V. I. B. Money Market
0.30%$100k-V. I. P. Money Market

Tradition Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.50%-$25ke-Star Checking - Qualifying
0.25%$1k-Interest Checking
0.25%$2k-Star 55 Checking
0.25%$1k-Business Interest Checking
0.10%--e-Star Checking - Non Qualifying

Tradition Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$1k-60 Month CD
0.85%$1k-48 Month CD
0.80%$1k-36 Month CD
0.75%$1k-30 Month CD
0.70%$1k-24 Month CD
0.60%$1k-12 Month CD
0.40%$1k-6 Month CD

Tradition Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.10%$1k-60 Month IRA
0.90%$1k-36 Month IRA
0.80%$1k-24 Month IRA
0.70%$1k-12 Month IRA
0.50%$1k-6 Month IRA
Locations


Tradition Bank Locations
Tradition Bank - Alief12300 BellaireHouston, TX 77072
Tradition Bank - Grand Parkway1515 S. Grand ParkwayKaty, TX 77494
Tradition Bank - Fry Road2117 Fry RoadKaty, TX 77449
Tradition Bank - The Woodlands Branch3205 College Park Dr.The Woodlands, TX 77384
Tradition Bank - The Plaza Branch5020 MontroseHouston, TX 77006
Tradition Bank - Pinoak550 Pin Oak RoadKaty, TX 77494
Tradition Bank - Bellaire5501 BissonnetHouston, TX 77081