Spirit of Texas Bancshares, Inc. (STXB) financial statements (2020 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments32689
Cash and cash equivalents32689
Total current assets:32689
Noncurrent Assets
Property, plant and equipment7554
Intangible assets, net (including goodwill)8027
Goodwill6918
Intangible assets, net (excluding goodwill)119
Total noncurrent assets:15581
Other undisclosed assets1,9041,297
TOTAL ASSETS:2,3851,467
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1813
Total current liabilities:1813
Noncurrent Liabilities
Other undisclosed liabilities2,0211,255
Total liabilities:2,0391,268
Stockholders' equity
Stockholders' equity attributable to parent346199
Common stock297170
Treasury stock, value(0) 
Accumulated other comprehensive income12
Retained earnings4827
Total stockholders' equity:346199
TOTAL LIABILITIES AND EQUITY:2,3851,467

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

12/31/2019
12/31/2018
Revenues9561
Net investment income9156
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(3)(2)
Gross profit:9259
Operating expenses(12)(5)
Other operating income, net
(Noninterest Income, Other Operating Income)
10
Operating income:8154
Interest and debt expense(17)(10)
Income from continuing operations before equity method investments, income taxes:6343
Other undisclosed loss from continuing operations before income taxes(37)(31)
Income from continuing operations before income taxes:2712
Income tax expense(5)(2)
Net income available to common stockholders, diluted:2110

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
Net income:2110
Comprehensive income:2110
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)2
Comprehensive income, net of tax, attributable to parent:2012

Statements sources

The financial statements are based on the company's filings with the 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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