NexBank

Major Rating Factors: A current level of 5.3 percent of nonperforming loans to core capital combined with 2.8 percent from a year earlier contributes to the Excellent asset quality (7.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.9 on a scale of 0 to 10).

Other Rating Factors: Good current capitalization (6.1 on a scale of 0 to 10) based on a risk-based capital ratio of 13.7 and a capital leverage ratio of 8.1. Fair liquidity 3.9, driven by a liquidity ratio of 17.2 percent and a “hot money” ratio of 3.9 percent.

Asset Mix: Home mtgs (36%), securities (28%), comm re (3%), cash (3%), comm loans (1%), consumer loans (0%), other (29%)

States with Branches: TX

Asset Quality

Non-Performing Loans to Capital

5.33%

Non-Performing Assets to Assets

0.32%

Non-Performing Loans to Loans

0.52%

Loan Loss Reserves to Loans

0.50%

Charge-Offs to Average Loans

0.00%

5-Year Charge-Offs to Average Loans

0.08%

5-Year Asset Growth

18.52%

1-Year Asset Growth

11.82%

Profitability

Operating Profit to Average Assets

0.98%

Return on Equity

9.61%

Net Interest Spread

1.71%

5-Year ROAA (Return on Average Assets)

1.16%

Overhead Efficiency Ratio

43.33%

Liquidity

Liquidity Ratio

17.20%

Hot Money

3.87%

Corporate Info

Group Affiliation

The SLHC Trust

Investment Rating

Address

2515 McKinney Avenue
Dallas, TX 75201

Phone Number

(972) 934-4700

Year Founded

1922

FDIC Number

29209

Website

http://www.nexbank.com

Largest Affiliates

No affiliate information available.