The higher the capitalization number the more secure a bank is considered. SharePlus Bank has a Capitalization of 9.33% versus the BestCashCow average of 10.44.Ĭapitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. Hopefullly, the frenzy that it inspired wont prevent them from offering other great rates in the future. All content is posted anonymously by employees working at SharePlus Federal Bank. This is the SharePlus Federal Bank company profile. Update: May 15, 2013: Share Plus contacted BestCashCow and asked that we let everyone know the promotion is over. Glassdoor gives you an inside look at what its like to work at SharePlus Federal Bank, including salaries, reviews, office photos, and more. A bank with a consistently high ROE can be considered well run.Ī bank with a consistently low ROE can be considered poorly run. Share Plus Federal Bank in Plano, Texas is offering a 2 APY 12-month CD rate good for terms between 1-5 years. Return on equity measures how efficiently a bank is making money from its capital. Expands Board of Directors Converts SharePlus Federal Bank to State Charter Septem08:00 ET Source: SP Bancorp, Inc. The federal credit union converted to a federal mutual savings bank on October 1, 2004, and then converted to a stock federal savings bank on October 29, 2010. SharePlus Bank has a Return on Equity of 5.19% versus the BestCashCow average of 10.02%. serve the employees and family members of Frito-Lay, Inc. To cover these potential losses it had $32,533,000 in equity and $1,826,000 in loans loss reserves. SharePlus Bank had $3,624,000 in non-current loans and $0 in owned real estate. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank The Bank offers a full range of community banking products and services out of its 7 branches, 4 of which are located near the Banks headquarters in Plano, Texas two of which are located in Louisville, Kentucky and one of which is located in Irvine, California. Learn about their Banking, Finance market share, competitors, and Share Plus Federal Banks email format. With its tangible common equity and its loan loss reserves.Ī lower Texas ratio indicates better coverage of problem loans. SharePlus Federal Bank is a wholly-owned subsidiary of SP Bancorp, Inc. Find contact information for Share Plus Federal Bank. The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) No depositor has ever lost deposits that have been within the FDIC insurance limits. The following ratios and data are available to help you better understand the financial condition of SharePlus Bank. SharePlus Federal Bank operates as a community bank that provides banking products and services for businesses and individuals.
0 Comments
Leave a Reply. |