CommunityBank of Texas (merged into Allegiance Bank)
CommunityBank of Texas reported total assets of $4.3 bn at Q3 2022, its last Call Report before it merged into Allegiance Bank. The CET1 capital ratio at CommunityBank of Texas was 13.81%, and the uninsured share of CommunityBank of Texas was 60.74%. Source: FDIC Call Reports.
What sets CommunityBank of Texas apart
Nothing in the latest data sets CommunityBank of Texas apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is CommunityBank of Texas?
The balance sheet of CommunityBank of Texas at : assets $4.3 bn, deposits $3.7 bn, net loans $3.1 bn (loans equal to 82.82% of deposits). Securities make up 12.0% of total assets at CommunityBank of Texas. Since , when CommunityBank of Texas held $2.8 bn, its assets grew 51.7%. In the year to , deposits at CommunityBank of Texas rose 4.9% while its total assets rose 1.5%. At , CommunityBank of Texas employed 487 full-time equivalent staff across 34 offices, about $8.8 mn of assets per employee and $109.9 mn of deposits per office.
How much funding at CommunityBank of Texas is uninsured?
At CommunityBank of Texas, uninsured deposits (above the FDIC limit) made up 60.74% of domestic deposits at (+2.11 pp on a year earlier). In dollars, CommunityBank of Texas estimated $2.3 bn of uninsured deposits.
Key facts, Q3 2022
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.7 bn | $3.6 bn (Q3 2021) | |
| Net loans and leases | $3.1 bn | $2.6 bn (Q3 2021) | |
| Loan-to-deposit ratio | 82.82% | 72.33% (Q3 2021) | |
| Tier 1 leverage ratio | 11.22% | 11.01% (Q3 2021) | |
| Total risk-based capital ratio | 14.85% | 17.13% (Q3 2021) | |
| Net interest margin | 3.63% | 3.41% (Q3 2021) | |
| Return on assets (ROA) | 1.23% | 1.22% (Q3 2021) | |
| Efficiency ratio | 57.63% | 65.93% (Q3 2021) | |
| Unrealized gain/loss on available-for-sale securities | Loss of $88.4 mn | Turned from a gain into a loss | |
| Noncurrent loans to total loans | 0.72% | 0.79% (Q3 2021) | |
| Net charge-offs to average loans | -0.01% | -0.03% (Q3 2021) |
US rank of CommunityBank of Texas: 1 = highest unless marked 1 = lowest.
Balance sheet
CommunityBank of Texas: assets, deposits and loans
- Total assets $4.3bn
- Deposits $3.7bn
- Net loans $3.1bn
Capital and securities
The CET1 ratio of CommunityBank of Texas stood at 13.81% in , -2.07 pp year on year. Low and high at CommunityBank of Texas since : 12.01% () to 15.88% (). Equity capital of CommunityBank of Texas at : $492.9 mn, or 11.5% of total assets. CommunityBank of Texas also reported a total capital ratio of 14.85% for , and a tier 1 leverage ratio of 11.22%.
The available-for-sale portfolio of CommunityBank of Texas showed an unrealized loss of $88.4 mn at ; the loss turned from a gain into a loss over the year.
CommunityBank of Texas: capital ratios
- Total capital 15%
- CET1 14%
- Tier 1 leverage 11%
CommunityBank of Texas: unrealized securities gains and losses
- Available for sale -$88mn
- Held to maturity $0
Profitability and loan quality
For the year to , CommunityBank of Texas earned a return on equity of 10.59%; return on assets: 1.23%. Net interest margin at CommunityBank of Texas: 3.63%, +0.23 pp in a year. CommunityBank of Texas net income: $40.6 mn, up 8.8% year on year. The efficiency ratio of CommunityBank of Texas was 57.63%: about 58 cents cost per revenue dollar, against 52 cents at the median peer.
At , noncurrent loans were 0.72% of total loans at CommunityBank of Texas; net charge-offs: -0.01% of average loans. Gross loans and leases at CommunityBank of Texas: $3.1 bn at , against $2.6 bn at .
CommunityBank of Texas: profitability
- Return on equity 11%
- Net interest margin 3.6%
- Return on assets 1.2%
Peer group of CommunityBank of Texas
The peer group of CommunityBank of Texas is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of CommunityBank of Texas (national bank) and 1 has its head office in Texas. Against them, CommunityBank of Texas shows CET1 ratio 13.81% against a peer median of 13.80%, return on equity 10.59% against a peer median of 13.81% and uninsured deposit share 60.74% against a peer median of 36.96%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Capital City Bank | State member bank | FL | $4.3 bn | 13.73% | 8.36% | 37.60% | |
| Inwood National Bank | National bank | TX | $4.3 bn | 13.20% | 19.17% | 55.56% | |
| The First National Bank of Long Island | National bank | NY | $4.3 bn | not reported | 13.43% | 58.03% | |
| CommunityBank of Texas | National bank | TX | $4.3 bn | 13.81% | 10.59% | 60.74% | |
| First Internet Bank of Indiana | State nonmember bank | IN | $4.3 bn | 13.87% | 10.65% | 36.32% | |
| First National Bank of America | National bank | MI | $4.2 bn | 15.68% | 39.30% | 21.78% | |
| First Bank & Trust | State nonmember bank | SD | $4.2 bn | not reported | 14.20% | 31.88% | |
. FDIC Call Reports.
Last eight quarters
Two years at CommunityBank of Texas, to : assets $3.9 bn to $4.3 bn, deposits $3.3 bn to $3.7 bn, equity $513.0 mn to $492.9 mn. Staff 511 to 487; offices 35 to 34.
| Metric | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.9 bn | $4.0 bn | $4.1 bn | $4.2 bn | $4.5 bn | $4.4 bn | $4.3 bn | $4.3 bn |
| Total deposits | $3.3 bn | $3.4 bn | $3.4 bn | $3.6 bn | $3.9 bn | $3.8 bn | $3.8 bn | $3.7 bn |
| Bank equity capital | $513.0 mn | $517.5 mn | $527.5 mn | $536.4 mn | $534.8 mn | $512.8 mn | $502.4 mn | $492.9 mn |
| CET1 ratio | 14.32% | 14.79% | 15.45% | 15.88% | 14.43% | 14.13% | 13.77% | 13.81% |
| Return on equity (ROE) | 5.59% | 8.12% | 8.68% | 9.50% | 7.28% | 8.76% | 9.24% | 10.59% |
| Uninsured share of domestic deposits | 57.28% | 56.96% | 57.81% | 58.63% | 61.61% | 61.53% | 62.60% | 60.74% |
| Full-time equivalent employees | 511 | 517 | 529 | 520 | 506 | 503 | 491 | 487 |
| Number of offices | 35 | 35 | 35 | 35 | 34 | 34 | 34 | 34 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of CommunityBank of Texas, oldest first; figures before and after each event are not like for like.
- . Merged into Allegiance Bank (FDIC certificate 58629).
Questions and identifiers
What were the total assets of CommunityBank of Texas?
CommunityBank of Texas reported $4.3 bn at in its Call Report.
Is CommunityBank of Texas the same as its holding company?
No. This page covers CommunityBank of Texas, FDIC certificate 3363; CBTX INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is CommunityBank of Texas profitable?
CommunityBank of Texas reported net income of $40.6 mn for the year to ; annualized return on equity: 10.59%. So yes: CommunityBank of Texas made a profit over these months.
When is data for CommunityBank of Texas next updated?
CommunityBank of Texas no longer files Call Reports; its data ends at .
Where can I check the figures for CommunityBank of Texas?
In the FDIC BankFind Suite record for certificate 3363, and in the Call Reports of CommunityBank of Texas (RSSD ID 774262) at the FFIEC Central Data Repository.