Kroll Bond Rating Agency affirmed the ratings for McKinney, Texas-based Independent Bank Group Inc. and unit Independent Bank.
The rating agency affirmed the company's senior unsecured debt rating of BBB+, subordinated debt rating of BBB and short-term debt rating of K2, as well as the bank's deposit and senior unsecured debt ratings of A-, subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2.
The outlook for all long-term ratings is stable.
In affirming the ratings, Kroll took into account Independent Bank Group's "strong" management team and "solid" earnings profile, among other things.
