STXB · Spirit of Texas Bancshares, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | $1.11M | - | - | - | $1.10M | - | - |
| Operating Income | - | $13.05M | $15.43M | $12.74M | - | $8.91M | $9.67M | $4.38M | - | $6.70M |
| Interest Expense | - | $2.66M | $3.05M | $3.33M | - | $4.27M | $4.50M | $5.01M | - | $4.52M |
| Income Tax | - | $2.59M | $3.02M | $2.65M | - | $1.82M | $1.98M | $305.0K | - | $1.37M |
| Net Income | - | $10.46M | $12.41M | $10.09M | - | $7.09M | $7.69M | $4.07M | - | $5.33M |
| EPS - Basic | - | $0.61 | $0.72 | $0.59 | - | $0.41 | $0.44 | $0.22 | - | $0.35 |
| EPS - Diluted | - | $0.59 | $0.70 | $0.58 | - | $0.41 | $0.44 | $0.22 | - | $0.34 |
Balance Sheet
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $305.79M | $235.33M | $140.10M | $69.57M | $263.03M | $151.08M | $235.34M | $227.65M | $325.96M | $151.54M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $3.27B | $3.15B | $3.08B | $3.17B | $3.08B | $2.93B | $2.96B | $2.54B | $2.38B | $1.96B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $74.94M | $79.26M | $119.05M | $191.69M | $242.02M | $267.75M | $183.08M | $103.28M | $105.14M | $74.17M |
| Total Liabilities | $2.87B | $2.77B | $2.71B | $2.80B | $2.72B | $2.57B | $2.62B | $2.20B | $2.04B | $1.66B |
| Stockholders' Equity | $393.82M | $387.85M | $377.77M | $365.76M | $360.78M | $351.52M | $347.58M | $345.82M | $345.70M | $296.74M |
| Retained Earnings | $111.53M | $104.50M | $96.11M | $85.25M | $76.68M | $65.78M | $59.91M | $52.21M | $48.14M | $41.97M |
Cash Flow
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $10.92M | - | - | - | $4.40M | - | - |
| Investing Cash Flow | - | - | - | ($284.75M) | - | - | - | ($115.94M) | - | - |
| Financing Cash Flow | - | - | - | $80.36M | - | - | - | $13.24M | - | - |
| CapEx | - | - | - | $1.17M | - | - | - | $2.35M | - | - |
| Free Cash Flow | - | - | - | $9.75M | - | - | - | $2.05M | - | - |
Ratios
| Metric | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | 0.97 | - | - | - | 0.50 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | 19.9% | 19.5% | 20.8% | - | 20.4% | 20.5% | 7.0% | - | 20.5% |
| Return on assets | - | 0.3% | 0.4% | 0.3% | - | 0.2% | 0.3% | 0.2% | - | 0.3% |
| Return on equity | - | 2.7% | 3.3% | 2.8% | - | 2.0% | 2.2% | 1.2% | - | 1.8% |
| Return on invested capital | - | 2.2% | 2.5% | 1.8% | - | 1.1% | 1.4% | 0.9% | - | 1.4% |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.19 | 0.20 | 0.32 | 0.52 | 0.67 | 0.76 | 0.53 | 0.30 | 0.30 | 0.25 |
| Debt / Assets | 0.02 | 0.03 | 0.04 | 0.06 | 0.08 | 0.09 | 0.06 | 0.04 | 0.04 | 0.04 |
| Debt / EBITDA | - | - | - | 13.84 | - | - | - | 18.84 | - | - |
| Interest coverage | - | 4.9x | 5.1x | 3.8x | - | 2.1x | 2.1x | 0.9x | - | 1.5x |
| Equity multiplier | 8.29 | 8.13 | 8.17 | 8.67 | 8.55 | 8.32 | 8.52 | 7.36 | 6.90 | 6.60 |
| Liabilities / Assets | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 | 0.86 | 0.86 | 0.85 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | 46.5% | 59.4% | 190.9% | - | 32.9% | 31.3% | -5.6% | - | 92.1% |
| Net income growth (YoY) | - | 47.5% | 61.3% | 147.6% | - | 33.0% | 32.0% | 6.9% | - | 92.3% |
| EPS growth (YoY) | - | 43.9% | 59.1% | 163.6% | - | 20.6% | 7.3% | -26.7% | - | 30.8% |
| EPS CAGR (3y) | - | 31.4% | 34.1% | 168.4% | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | 376.2% | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 9.2% | 10.3% | 8.7% | 5.8% | 4.4% | 18.5% | 42.4% | 69.5% | 73.9% | 200.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$8.92M totalDeposit Account Transaction Based Fee Income$4.77M · 53.5%
Deposit Accounts Core Service Charges$1.49M · 16.7%
Mortgage Referral Fees$1.35M · 15.2%
Swap Referral Fees$1.30M · 14.6%
Peer comparison
Same SIC group: State Commercial Banks
Comparing Spirit of Texas Bancshares against the 5 most active filers in the same SIC group.