Vantage Bank Texas Reports – 26765

Vantage Bank Texas Financial Reports

Quarter Ended: 2024-09-30

Data Updated on: 11/22/2024

Vantage Bank Texas is a N/A located in San Antonio, TX. Established on 11/06/1923, the bank is regulated by the FED and has 23 domestic offices. It operates in the San Antonio-New Braunfels, TX.

The bank has 487 employees and holds $4,571,355k in total assets. With a focus on community banking, the bank has been serving its customers since 11/06/1923.

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Vantage Bank Texas Institution Profile

Established Date11/06/1923Institution ClassN/A
Primary RegulatorFEDNumber of Domestic Offices23
Number of Foreign Offices0Number of US Offices0
Number of Employees487Directly owned by another bank (CERT)No
Community BankNoZIP78216
Ownership TypeNot MutualCitySan Antonio
State Alpha codeTXState and County Number48029
Subchapter S CorporationsYesTrust PowersTrust Powers Not Known
Federal Reserve ID Number11Federal Reserve ID Number DescriptionDALLAS
Office of The Comptroller District:SOUTHERN DISTRICTOffice of Thrift Supervision RegionWest
Last Structure Change Effective Date08/31/2022Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF

Institution Profile Overview

Delve into the foundational details of Vantage Bank Texas with our “Institution Profile” table. The 11/06/1923 marks the bank’s inception, providing historical context. Categorized as a N/A, the bank operates under the oversight of FED, ensuring compliance and regulatory adherence.

23 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as San Antonio, TX, and 78216 provide geographic context. Explore these attributes to gain a holistic view of Vantage Bank Texas in the financial landscape.

Vantage Bank Texas Financials

(USD, in thousands)

Total Assets$4,571,355Total Liabilities$4,189,951
Total Equity Capital$381,404Total Deposits$3,990,425
Net Loans and Leases$3,189,283Total Interest Income$67,234
Total Noninterest Income$6,023Total Interest Expense$29,967
Total Noninterest Expense$24,082Tier 1 Risk-Based Capital Ratio11.60%
Net Loans and Leases to Core DepositsN/AReturn on Assets1.40%
Return on Equity16.72%Efficiency Ratio54.62%

Financial Performance Overview

Gain a comprehensive perspective on Vantage Bank Texas’s financial landscape through our “Financials” table. The bank boasts total assets of $4,571,355k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $4,189,951k and total equity capital at $381,404k.

Delve into key operational metrics, including total deposits of $3,990,425k, net loans and leases at $3,189k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 11.6005, and Return on Assets at 1.4. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of Vantage Bank Texas’s performance and competitive positioning within the financial industry.

Vantage Bank Texas Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x)N/ANet Loans and Leases to Core DepositsN/A
Tier 1 Risk-Based Capital Ratio11.60%Securities Gains (Losses)$0
Goodwill and Other IntangiblesN/ACost of Funding Earning Assets0.00%
Yield on Earning Assets6.30%Total Interest Income$67,234
Applicable Income Taxes$101Loss Allowance to Loans and Leases1.30%
Net Loans and Leases$3,189,283Loss Allowance to Noncurrent Loans and Leases329.46%
Noncurrent Loans to Loans0.39%Net Income Attributable to Bank and Noncontrolling Interests$15,662
Net Interest Income$37,267Net Interest Margin3.49%
Net Operating Income to Assets1.40%Noninterest Income to Average Assets0.54%
Total Noninterest Income$6,023Noninterest Expense to Average Assets2.15%
Total Noninterest Expense$24,082Net Charge-Offs to Loans and Leases0.80%
All Other AssetsN/AOther Real Estate Owned$2,246
Other borrowed funds$150,000Pre-tax Net Operating Income$15,763
Pretax Return on Assets1.41%Return on Assets1.40%
Retained Earnings to Average Equity (YTD only)N/A

Insights into Financial Metrics

Enhance your understanding of Vantage Bank Texas‘s financial standing through our Additional Financial Information table. Explore key metrics such as Net Loans and Leases: $3,189,283k and Net Interest Income $37,267k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 11.6005 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0.8 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income: $6,023k and evaluate operational efficiency using metrics like Efficiency Ratio: 54.62. This nuanced financial overview empowers a comprehensive analysis of Vantage Bank Texas‘s strategic financial position and performance in the industry.

Frequently Asked Questions (FAQs)

What is the asset size of Vantage Bank Texas?

The asset size of Vantage Bank Texas is approximately $4,571,355k, reflecting the bank’s scale and market presence.

How does the loan-to-deposit ratio of Vantage Bank Texas compare to industry benchmarks?

The loan-to-deposit ratio is a crucial measure of the bank’s financial health. For Vantage Bank Texas, this ratio stands at
79.92%
(please calculate and adjust this logic based on real data retrieval), compared to industry averages typically ranging from 80% to 90%.

What is the capital adequacy ratio for Vantage Bank Texas?

The Tier 1 Risk-Based Capital Ratio, a key indicator of the bank’s financial stability, is 11.6005.

What is the net interest margin of Vantage Bank Texas, and how has it trended over the past year?

The current net interest margin is 3.49. Historical trends would require a more detailed analysis over the past quarters, which can be provided upon request.

What is the percentage of non-performing loans on Vantage Bank Texas’s balance sheet?

The percentage of non-performing loans is an important metric indicating asset quality. For Vantage Bank Texas, this stands at 0.3935.

Are there any recent regulatory changes that could impact Vantage Bank Texas’s operations?

Regulatory environments are dynamic. Specific recent changes would require further detailed scanning of regulatory updates impacting Vantage Bank Texas. For tailored insights, please consult our expert or access our detailed reports.

What is the history of Vantage Bank Texas?

Vantage Bank Texas was established on 11/06/1923. It has been serving the community for several decades, continuously adapting to the changing financial landscape. For a detailed history, please refer to the bank’s about page.

Is Vantage Bank Texas FDIC insured?

Yes, Vantage Bank Texas is FDIC insured, ensuring that deposits are protected up to the applicable limits. This underlines the bank’s commitment to maintaining customer trust and financial security.

What is the routing number for Vantage Bank Texas in OK?

The routing number for Vantage Bank Texas in Oklahoma is not available. It’s recommended to verify with the bank directly for transactions.

How big is Vantage Bank Texas?

Vantage Bank Texas is a significant player in the financial sector with total assets valued at $4,571,355k and a network of 23 domestic offices.

Is Vantage Bank Texas a local bank?

Vantage Bank Texas is often considered a local bank due to its strong community focus and local market presence, despite having a broader operational reach. This combination allows it to serve local communities effectively while benefiting from larger-scale operations.

This table provides key financial information about Vantage Bank Texas. Get more data about Vantage Bank Texas on Visbanking Report Portal.