Frandsen Bank & Trust

Frandsen Bank & Trust is one of the more profitable banks of its size. It reported $3.7 billion in assets at June 30, 2026, up 2.6% from a year earlier. It earns about $1.98 a year on every $100 of assets, higher than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median $1.29). It also shrank its loan book 0.1% over the year, lower than about three-quarters of banks its size (median 5.9%). A wide margin does most of the work: it keeps 4.35 cents of net interest income on every dollar of earning assets.

Its $267 million non-owner-occupied commercial real estate book is improving, with 5.25% past due or on nonaccrual, down from 8.23% a year earlier. Earnings jumped: net income for the quarter was $18 million, 36% above the same quarter a year earlier. Credit is the area to watch: it carries problem assets equal to 7.7% of the capital and reserves that would absorb them, about double the median of 3.6% for banks its size.

As of June 30, 2026, Frandsen Bank & Trust reported a CET1 capital ratio of 13.89%, a return on assets of 1.98%, a nonperforming-loan ratio of 0.71% and a Texas ratio of 7.71%. The figures come from its call report filed with the FFIEC.