NEWS
SBT News and Events
A look at the news, events, accolades and insights that SBT is compounding in the financial and hospitality industries.
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Sushil and Sima Patel Lead the Charge as Early Investors in UT McCombs’ Future
Sushil Patel, president of State Bank of Texas, and his wife, Sima, early supporters and investors in Texas McCombs’ ambitious $425 million Mulva Hall project, have played a pivotal role in shaping the future of undergraduate business education. The Patels joined a distinguished group of alumni and friends who have collectively raised $124.2 million toward…
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SBT Shines as a Top Lender in ICBA’s 2024 Rankings
State Bank of Texas has been named one of ICBA’s Top Lenders of 2024, securing third place in the commercial lending category for banks with over $1 billion in assets. Known for its deep commitment to helping businesses thrive, the bank has distinguished itself through its personalized service, industry expertise, and unwavering support for clients…
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State Bank of Texas’ New Headquarters: A Modern Tribute to 37 Years of Family Values and Success
The new headquarters of State Bank of Texas in Dallas has earned an architectural design award for its sleek, modern design that reflects the bank’s progressive approach and deep-rooted family values. Located in the Las Colinas area of Irving, the building stands as a symbol of the bank’s journey from a family-founded institution that supported…
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SBT Named Top Lender by Independent Banker
State Bank of Texas was ranked third on the list of top commercial lenders with more than $1 billion in assets by Independent Banker for 2024. The bank’s success is attributed to its flexibility and commitment to supporting customers through every stage of the lending process. To read the complete article, please visit: https://www.independentbanker.org/article/2024/07/01/icba’s-2024-top-lenders
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SBT Tops the List of Best-Performing Banks with $2B-$10B in Assets, Jumping Eight Spots
State Bank of Texas has claimed the top spot in American Banker’s 2024 list of top-performing banks with assets between $2 billion and $10 billion, an impressive leap from its 2023 ranking. With a three-year average return on average equity (ROAE) of 26.22%, State Bank of Texas outperformed its peers, surpassing the median ROAE of…
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State Bank of Texas Honored with Top Ranking Among Independent Community Banks
State Bank of Texas (SBT) is the number one, top-performing community bank with more than $1 billion in assets as ranked by the Independent Community Bankers of America® (ICBA) for 2023. The ICBA compiled this year’s rankings to recognize community banks that are consistently high performers. Using FDIC data, they took pre-tax return-on-assets (ROA) figures…
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