Major Rating Factors:
A current level of 8.6 percent of nonperforming loans to core capital combined with 1.6 percent from a year earlier contributes to the Weak asset quality (3.0). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.4 has resulted in Excellent (7.9) profitability.
Other Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a risk-based capital ratio of 17.5 and a capital leverage ratio of 10.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.1 on a scale of 0 to 10).
Asset Mix:
Comm re (39%), comm loans (30%), cash (7%), securities (5%), home mtgs (1%), other (17%)
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.