SP Bancorp Inc. (SPBC)
SP Bancorp is a savings and loan holding company. Through its SharePlus Bank subsidiary, Co. is engaged in the acceptance of checking and savings deposits, and investing those deposits in mortgage loans secured by residential real estate, home equity loans and lines of credit, commercial real estate loans, consumer loans and commercial business loans. Co. also provides brokerage services for the purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement. Co.'s market area includes the communities in the Dallas-Fort Worth-Arlington metropolitan area. As of Dec 31 2013, Co. had total assets of $304.0 million and deposits of $261.3 million.
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