The Yoakum National Bank, Financial Information

AboutThe Yoakum National Bank

 Address:
301 West Grand Avenue
Yoakum,TX
DeWitt County,Texas
 Established:
Jan 1890
 Number of domestic offices:
1
Total assets$220M
Net income$3M
Net income,quarterly$1M
Total deposits$171M
Domestic deposits$171M
Equity capital$36M
ROA1.22%
ROAQ,quarterly1.18%
ROA,pretax1.18%
ROAQ,quarterly,pretax1.18%
ROE7.93%
ROEQ,quarterly7.44%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Yoakum National Bank has served the area since 1890 as a locally owned and independent community bank. Yoakum National Bank delivers modern banking services, conveniences and technology, while continuing banks historical traditions of service, value, trust and commitment to the community.

Yoakum National Bank was chartered in 1890 as First National Bank of Yoakum with John M. Bennett as President. The name of the Bank was changed from First National Bank to Yoakum National Bank in 1907. The bank has actually had 4 locations in its 115+ years. It started out in a rented building on West May Street for a short time. In 1894 the bank purchased a building on West Grand Avenue and later expanded to the building next door. In 1971 the bank moved into is current location at 301 West Grand Avenue.

Yoakum National Bank has been a part of Yoakum’s development throughout the years. The bank have six officers with 150+ combined years of service to Yoakum National Bank and the community. Each of the officers started their banking career at Yoakum National Bank and worked their way through the departments. After time, they progressed to their management positions, learning the details of banking first hand. All of banks officers are natives of this area and understand local customer's needs. Yoakum National Bank is locally owned and operated.

Yoakum National Bank
301 West Grand Ave.
PO Box 777
Yoakum, TX 77995

Lobby
9:00 to 3:00 - Monday thru Thursday
9:00 to 6:00 - Friday

Drive-In
7:30 to 4:00 - Monday thru Thursday
7:30 to 6:00 - Friday