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…
Category: Awards
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…
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…
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
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…
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…
Chan Patel, the founder and CEO of State Bank of Texas (SBT), was recently awarded the Cecil B. Day Community Service Award at AAHOACON 2023. AAHOACON 2023, the national convention and trade show of the Asian American Hotel Owners Association (AAHOA), took place at the Los Angeles Convention Center April 11 – 14, 2023. With…
Independent Banker has released is annual listing of America’s top-performing community banks. For 2021 performance, State Bank of Texas (SBT) ranked #3 on the “Best of the Best” list for banks with assets over $1 billion. The full story can be found HERE. “It is quite an honor to be make Independent Banker’s Best of…
State Bank of Texas (SBT) has ranked as the top performing community bank in the nation among all community banks between $100 million and $10 billion in assets, according to the Texas Bankers Association. The full story can be found HERE. The bank’s Return on Average Assets (ROAA) is 4.43%, placing it #1 by ROAA…
The S&P Global released its annual rankings for best-performing community banks with assets under $3 billion, and State Bank of Texas (SBT) ranked #2 out of 4,015 banks nationwide for 2021. The full story can be found HERE. S&P Global Market Intelligence launched the rankings more than a decade ago to assess the performance of…
