Texas First Bank
Texas City, Texas, Galveston County
$2.3B in total assets, the 542nd largest of 4,309 US banks and 49th of 352 headquartered in Texas.
- FDIC certificate
- 23799
- Established
- 1982
- Owned by
- Texas Ind Bancshares Inc
- Primary regulator
- FED
- Website
- texasfirst.bank
At a glance
Compared with 77 banks headquartered in Texas with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.3B | 54% | $2.2B | |
| Loans | $1.3B | 51% | $1.3B | |
| Deposits | $2.1B | 58% | $1.7B | |
| Return on assets | 1.63% | 65% | 1.53% | |
| Net interest margin | 3.95% | 49% | 3.96% | |
| Efficiency ratio | 58.5% | 56% | 57.5% | |
| Equity to assets | 9.72% | 35% | 10.77% | |
| Loans to deposits | 65% | 18% | 80% |
Growth
Total assets grew 4.0% a year over the last 5 years and 9.2% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2019 | Preferred Bank Houston, TX, an affiliate under the same holding company | $332M |
| Feb 2014 | Hull State Bank Hull, TX | $46M |
| Aug 2012 | Texas Coastal Bank Pasadena, TX | $27M |
| Jul 2012 | Houston Business Bank Houston, TX, an affiliate under the same holding company | $31M |
| May 2011 | Texas First Bank Santa Fe, TX, an affiliate under the same holding company | $233M |
| Sep 2009 | Texas First Bank - Winnie Dallas, TX, an affiliate under the same holding company | $106M |
Where they operate
27 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Galveston County, TX | $1.1B | 16.0% | 2 of 19 |
| Harris County, TX | $514M | 0.2% | 37 of 87 |
| Jefferson County, TX | $180M | 3.0% | 9 of 18 |
| Chambers County, TX | $96M | 15.6% | 3 of 6 |
| Liberty County, TX | $66M | 4.3% | 6 of 10 |
| Brazoria County, TX | $54M | 0.8% | 21 of 27 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 4 branches since 2016 (23 to 27, +17.4%). 2 opened, 5 acquired, 3 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 23 | |||
| 2016 | Closed Deer Park | 0 | 1 | −1 | 22 |
| 2019 | Acquired Preferred Bank | 5 | 0 | +5 | 27 |
| 2020 | Closed Houston | 0 | 1 | −1 | 26 |
| 2022 | Opened Beaumont | 1 | 0 | +1 | 27 |
| 2024 | Closed Hull | 0 | 1 | −1 | 26 |
| 2026 through Q2 | Opened Montgomery | 1 | 0 | +1 | 27 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 45% | 38% | |
| Construction and land | 22% | 13% | |
| Business (C&I) | 13% | 15% | |
| 1-4 family residential | 12% | 20% | |
| Agricultural | 2% | 1% | |
| Multifamily | 1% | 4% | |
| Farmland | 1% | 3% | |
| Consumer | 1% | 2% | |
| Other | 4% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 52% | 48% | |
| Noninterest-bearing | 35% | 26% | |
| Time deposits | 13% | 26% |
Brokered deposits are 0.0% of deposits (peers 4.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.17% | 0.46% |
| Net charge-offs, annualized | 0.01% | 0.04% |
| Reserves to loans | 1.31% | 1.20% |
| Leverage ratio | 9.96% | 10.79% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Texas
Largest competitors in Galveston County, TX
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/texas-first