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Overview / Commentary
972-470-1500
401 W. George Bush Freeway Suite 101
Richardson, TX 75080

Vision Bank - Texas is headquartered in Richardson and is the 268th largest bank in the state of Texas. It is also the 3,287th largest bank in the nation. It was established in 2007 and as of March of 2014, it had grown to 22 employees at 1 location. Vision Bank - Texas' money market rates are 25% higher than the national average, and it has a A health rating.

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Health

Data for Q1 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 March 31, 2014 Vision Bank - Texas had $914,000 in non-current loans and owned real-estate with $18.03 million in equity and loan loss allowances on hand to cover it. This gives Vision Bank - Texas a Texas Ratio of 5.07% 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 Vision Bank - Texas decreased dramatically from 10.20% as of March 31, 2013 to 5.07% as of March 31, 2014, resulting in a positive change of 50.27%.This indicates that the balance sheet and financial strength for Vision Bank - Texas has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Vision Bank - Texas has increased its total deposits by $1.92 million, resulting in 1.2% 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 Vision Bank - Texas has shown is above average.

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. Vision Bank - Texas has $178.27 million in assets with $18.03 million in equity, resulting in a capitalization level of 10.11%, which is above average.

Institution Statistics

Overall
FDIC Certificate #58447
Year Established2007
Employees22
Primary RegulatorFDIC
Assets and Liabilities
Assets$178.27 million
Loans$113.03 million
Deposits$161.50 million
Equity Capital$16.51 million
Loan Loss Allowance$1.52 million
Unbacked Noncurrent Loans$914,000
Real Estate Owned$0
Historic Data - March 2013
Assets$173.58 million
Equity Capital$13.82 million
Loan Loss Allowance$1.31 million
Real Estate Owned$1.54 million
Profit Margin - Quarterly
Net Interest Margin3.31%
Return on Assets0.53%
Return on Equity5.86%
Interest Income$1.68 million
Rates

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

Vision Bank - Texas Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.55%$100k-Premier Savings
0.10%--Vision Savings

Vision Bank - Texas Money Market Rates

DetailsAPYMINMAXPRODUCT
0.55%$100k-Money Market Account

Vision Bank - Texas Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.90%-$25kVision Rewards Checking - Qualifying
0.85%--Vision Non-Profit Business Checking
0.75%--IOLTA Interest Business Checking
0.66%--Personal Interest Checking
0.05%--Vision Rewards Checking - Non Qualifying

Vision Bank - Texas CD Rates

DetailsAPYMINMAXPRODUCT
1.15%--3 Year CD
0.90%--2 Year CD
0.60%--1 Year CD
0.15%--120 Day CD
0.15%--180 Day CD
0.10%--30 Day CD
0.10%--90 Day CD
Locations


Vision Bank - Texas Locations
Vision Bank - Texas401 W. George Bush Freeway, Suite 101Richardson, TX 75080