PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Texas State Bank

McAllen, TX · Cert 23346

FDIC

Q4 2007

$8.5BAssets
$4.3BLoans
$6.0BDeposits
$2.3BEquity
Loan mix
65%RE $2.1B35%C&I $1.1B0%Consumer $0.0BQ1 2006Q4 2007
Deposit mix
84%Interest-bearing $5.0B16%Noninterest $1.0BQ1 2006Q4 2007

Executive Summary

  • Earnings: ROA of 0.90%, up 320 bps year over year; NIM at 2.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.76%.
  • Funding: loans stand at 71.40% of deposits as of Q4 2007.

Return on Assets (quarter, annualized)

0.90%+320 bps YoY

Net Interest Margin (quarter, annualized)

2.93%+1,003 bps YoY

Efficiency Ratio (quarter, annualized)

47.51%-191 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.06%Q4 ’05-11.92%Q4 ’065.43%Q4 ’07-282%+141%

Non-interest income vs. expense

2.42%Q4 ’05-4.80%Q4 ’062.12%Q4 ’07-294%+146%

Discrete quarter, annualized.

MetricQ1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets1.46%0.98%1.08%-2.29%1.13%1.01%0.97%0.90%+320 bps
Return on Equity14.02%9.49%10.50%-12.29%4.45%3.95%3.73%3.41%+1,570 bps
Net Interest Margin3.79%3.80%3.77%-7.11%3.25%3.16%3.12%2.93%+1,003 bps
Efficiency Ratio47.40%49.35%50.71%49.42%48.26%50.66%50.92%47.51%-191 bps
Non-Interest Burden1.29%1.36%1.41%-2.54%1.35%1.40%1.44%1.17%+371 bps
Growth
Asset Growth (YoY)8.94%9.95%10.29%29.92%30.56%25.66%22.34%-0.70%-3,062 bps
Loan Growth (YoY)7.07%7.06%8.69%2.61%1.73%2.74%0.10%1.04%-157 bps
Deposit Growth (YoY)12.09%6.32%11.20%12.75%9.82%11.76%4.97%-1.49%-1,424 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.38%1.78%0.18%-2.16%0.11%0.27%0.28%0.76%+292 bps
Allowance / Loans1.23%1.17%1.40%0.86%0.93%0.96%0.98%1.02%+16 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital11.79%11.70%11.98%11.11%11.98%12.31%12.88%13.63%+253 bps
Equity / Assets10.48%10.15%10.41%25.36%25.41%25.71%26.39%26.73%+137 bps
Liquidity & Funding
Loans / Deposits73.53%76.36%75.62%69.61%68.11%70.19%72.11%71.40%+179 bps
Liquid Assets / Assets0.01%0.01%0.00%0.00%0.00%0.01%0.01%0.03%+3 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a