Major Rating Factors:
A current level of 19.7 percent of nonperforming loans to core capital combined with 4.7 percent from a year earlier contributes to the Very Weak asset quality (1.0). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.5 has resulted in Excellent (8.4) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.9 on a scale of 0 to 10). Excellent current capitalization (9.3 on a scale of 0 to 10) based on a risk-based capital ratio of 18.2 and a capital leverage ratio of 10.5.
Asset Mix:
Comm re (40%), comm loans (31%), cash (7%), securities (4%), home mtgs (1%), other (16%)
States with Branches:
TX
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Tectonic Financial, Inc.
Investment Rating
--
Address
16200 Dallas Parkway
Dallas, TX 75248
Dallas, TX 75248
Phone Number
(972) 720-9000
Year Founded
2004
FDIC Number
Website
Largest Affiliates
No affiliate information available.