Top Texas Banks with Commercial REO Q3 2012

Texas continued to boast an impressive number of banks during the third quarter of 2012 with .  Two-hundred-fifty-four Texas banks, about 44% of them, reported commercial REO with a total dollar volume of $569M. made up 35% of the bank-owned real estate on their collective books.

Top 10 Texas Banks with Commercial REO

– Based in Edinburg, First National reported the greatest amount of Commercial REO, $134M, for the third quarter of 2012. This was an increase in volume from the second quarter by 9%.

– UCB reported a significant increase (20%) in Commercial REO for Q3 2012, ending with a total of $55M.

– With a decrease of nearly 15% in Commercial REO, Comerica Bank still held a volume of $24M at the end of the third quarter.

– Lone Star National Bank ended the third quarter of 2012 with a total volume of $20M in Commercial REO, keeping it one of the top volume banks in Texas.

– Southwest Securities fared well in the third quarter, with a slight increase to $13M in Commercial REO.

– TCB out of The Woodlands, reported $13M Commercial REO, a significant increase over the second quarter results.

– Beal Bank reported a decrease in Commercial REO for Q3 2012 by 21%, with $12M in the September books.

– Based in Houston, OMNIBANK’s volume of Commercial REO remained relatively steady, with a reported $10M in the third quarter books.

– Frost Bank reported $9M in Foreclosed Bank Owned Commercial REO for Q3 2012, a 3% increase over the second quarter reports.