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This institution is no longer active

Operations ceased on August 1, 2017. CRA examination history below reflects the period it was active.

SOVEREIGN BANK

DALLAS, TX · Supervised by FDIC

Est. 2004FDIC #57,787RSSD: FDIC-57787SOVEREIGN BANCSHARES INC
Satisfactory

Current rating · Exam: August 2015

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Institution Profile

FDIC BankFind

Address

17950 Preston Road - Suite 100, DALLAS, TX

County

Dallas County

Established

July 29, 2004

Total Assets

$1.0B(latest call report)

Financial Snapshot

As of Q2 2017Call Report / FDIC

Total Assets

$1.0B

Total Deposits

$814M

Net Loans

$779M

Net Income

$5M

ROA

0.90%

ROE

7.38%

Risk-Based Capital

14.96%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

August 1, 2015

Exam Type

Intermediate Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

2 previous ratings locked — dating back to 2009

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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