Spirit of Texas Bancshares, Inc. (STXB) Financial Statements (2023 and Earlier)

Company Profile

Business Address 1836 SPIRIT OF TEXAS WAY
CONROE, TX 77301
State of Incorp. TX
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments30626332689
Cash and cash equivalents30626332689
Total current assets:30626332689
Noncurrent Assets
Operating lease, right-of-use asset5  
Property, plant and equipment77837554
Intangible assets, net (including goodwill)82858027
Goodwill78786918
Intangible assets, net (excluding goodwill)58119
Deferred income tax assets11 
Total noncurrent assets:16517015581
Other undisclosed assets2,7952,6521,9041,297
TOTAL ASSETS:3,2663,0852,3851,467
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 101813
Total current liabilities: 101813
Noncurrent Liabilities
Other undisclosed liabilities2,8722,7142,0211,255
Total liabilities:2,8722,7242,0391,268
Stockholders' equity
Stockholders' equity attributable to parent394361346199
Common stock303299297170
Treasury stock, value(17)(16)(0) 
Accumulated other comprehensive income (loss)(4)112
Retained earnings112774827
Total stockholders' equity:394361346199
TOTAL LIABILITIES AND EQUITY:3,2663,0852,3851,467

Income Statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues1201279561
Net investment income1191219156
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(4)(11)(3)(2)
Gross profit:1171159259
Operating expenses(11)(11)(12)(5)
Other operating income, net
(Noninterest Income, Other Operating Income)
0010
Operating income:1061058154
Interest and debt expense(11)(18)(17)(10)
Income from continuing operations before equity method investments, income taxes:94876343
Other undisclosed loss from continuing operations before income taxes(42)(48)(37)(31)
Income from continuing operations before income taxes:53392712
Income tax expense(11)(7)(5)(2)
Net income available to common stockholders, diluted:42312110

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:42312110
Other comprehensive income1   
Comprehensive income:43312110
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(6)0(1)2
Comprehensive income, net of tax, attributable to parent:37322012

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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