Overview / Commentary
Affiliated Bank is headquartered in Bedford and is the 68th largest bank in the state of Texas. It is also the 803rd largest bank in the nation. It was established in 1959 and as of June of 2020, it had grown to 207 employees at 4 locations. Affiliated Bank has an A+ health rating.
Reviews (1)
Opening Account
Posted by: Aggie | Jan 9, 2020
I just opened my account. It took about two weeks with lots of emails back and forth. Mostly normal requirements. Now the important part starts. What will be accepted as qualifying debits. I will try the first month with a small balance to get familiar with their system then if all goes well will increase to the limit
Health
A+
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34885 |
| Year Established | 1959 |
| Employees | 207 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.65% |
| Return on Equity - YTD | 4.83% |
| Annual Interest Income | $26.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $1.16B$877.6MM |
| Loans | Q2 2020vs Q2 2019 | $950.6MM$753.4MM |
| Deposits | Q2 2020vs Q2 2019 | $891.1MM$711.4MM |
| Equity Capital | Q2 2020vs Q2 2019 | $143.3MM$114.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $7.9MM$2.8MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $2.2MM$499.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$586.00K |