PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Texstar National Bank

Universal City, TX · Cert 57704

FDIC · 6 branches

Q3 2022

$397.1MAssets
$206.1MLoans
$358.5MDeposits
$36.1MEquity
Loan mix
89%RE $155.5M10%C&I $17.6M1%Consumer $1.2MQ4 2020Q3 2022
Deposit mix
65%Interest-bearing $232.3M35%Noninterest $126.2MQ4 2020Q3 2022

Market Position · San Antonio-New Braunfels, TX · 2022 SOD (annual) · 0.2% share · #21 of 63 inst. · $0.4B of $186.8B

0.2% Bexar
1.7% Comal

Executive Summary

  • Earnings: ROA of -1.02%, down 178 bps year over year; NIM at 3.08%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 9.23%, down 4 bps from a year ago.
  • Funding: loans stand at 57.49% of deposits as of Q3 2022.

Return on Assets (quarter, annualized)

-1.02%-178 bps YoY

Net Interest Margin (quarter, annualized)

3.08%+54 bps YoY

Efficiency Ratio (quarter, annualized)

131.91%+6,465 bps YoY

Tier 1 Leverage Ratio

9.23%-4 bps YoY

NIM

3.21%Q3 ’202.91%Q3 ’213.51%Q3 ’22-5%+21%

Non-interest income vs. expense

1.82%Q3 ’201.82%Q3 ’214.28%Q3 ’22+1%+147%

Discrete quarter, annualized.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets0.47%0.85%0.91%0.76%0.70%0.60%0.66%-1.02%-178 bps
Return on Equity5.00%9.19%10.26%8.39%7.48%6.59%7.46%-11.47%-1,986 bps
Net Interest Margin2.61%2.88%2.85%2.54%2.40%2.39%2.41%3.08%+54 bps
Efficiency Ratio71.77%61.77%62.06%67.26%70.57%69.65%66.82%131.91%+6,465 bps
Non-Interest Burden1.83%1.73%1.72%1.66%1.66%1.63%1.57%4.11%+245 bps
Growth
Asset Growth (YoY)39.67%35.72%20.19%11.45%13.51%9.51%4.01%-9.98%-2,144 bps
Loan Growth (YoY)6.85%12.21%-2.79%-7.03%-5.79%-12.35%-8.36%-3.99%+304 bps
Deposit Growth (YoY)44.21%40.96%34.39%15.23%15.83%11.51%5.22%-7.37%-2,260 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 / Loans0.13%0.00%0.00%0.01%0.00%0.00%0.00%-0.01%-2 bps
Allowance / Loans2.24%2.28%2.52%2.70%2.70%2.79%2.84%2.84%+14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.09%9.08%8.67%9.27%9.20%9.20%9.08%9.23%-4 bps
Total Risk-Based Capital17.90%17.37%17.05%18.71%18.26%18.27%18.63%16.28%-243 bps
Equity / Assets9.41%9.04%8.67%9.37%9.25%8.88%8.76%9.08%-29 bps
Liquidity & Funding
Loans / Deposits67.24%65.53%58.85%55.47%54.69%51.51%51.26%57.49%+202 bps
Liquid Assets / Assets29.55%29.19%35.73%37.96%38.46%40.84%41.16%33.14%-481 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a