State Bank of Texas is headquartered in Dallas and is the 88th largest bank in the state of Texas. It is also the 1,055th largest bank in the nation. It was established in 1987 and as of September of 2016, it had grown to 52 employees at 5 locations. State Bank of Texas has an A health rating.
We decided to open a jumbo money market account at the Garland branch based on the excellent rate. The sign up experience was shaky. We had to ask for both checks to be sent to us and a receipt for our deposit, among other things. I keep waiting for a phone call telling me they forgot something
|FDIC Certificate #||27074|
|Return on Assets - YTD||6.39%|
|Return on Equity - YTD||34.84%|
|Annual Interest Income||$35.2MM|
|Assets and Liabilities|
|Assets||Q3 2016vs Q3 2015||$688.3MM$664.6MM|
|Loans||Q3 2016vs Q3 2015||$497.2MM$495.2MM|
|Deposits||Q3 2016vs Q3 2015||$540.9MM$510.8MM|
|Equity Capital||Q3 2016vs Q3 2015||$132.1MM$141.2MM|
|Loan Loss Allowance||Q3 2016vs Q3 2015||$5.9MM$7.9MM|
|Unbacked Noncurrent Loans||Q3 2016vs Q3 2015||$1.8MM$11.8MM|
|Real Estate Owned||Q3 2016vs Q3 2015||$10.8MM$6.4MM|
Sorry, we do not have rate data for State Bank of Texas.