Overview / Commentary
Harmony Bank (TX) is headquartered in DALLAS and is the 118th largest bank in the state of Texas. It is also the 1,202nd largest bank in the nation. It was established in 2005 and as of June of 2024, it had grown to 93 employees at 11 locations. Harmony Bank (TX) has an A+ health rating.
Health
A+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57922 |
| Year Established | 2005 |
| Employees | 93 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 4.96% |
| Annual Interest Income | $21.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $822.7MM$715.5MM |
| Loans | Q2 2024vs Q2 2023 | $534.5MM$457.1MM |
| Deposits | Q2 2024vs Q2 2023 | $651.7MM$602.9MM |
| Equity Capital | Q2 2024vs Q2 2023 | $115.4MM$109.5MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $6.2MM$6MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $770K$0 |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
