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…
Category: Awards
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…
State Bank of Texas, the nation’s leader in hospitality lending, is reporting its 2021 year-end results today with a net profit of $50 million and total assets of $1.35 billion. The bank’s Return on Average Assets (ROAA) is 4.43%, placing it #1 by ROAA (%) among the 1,551 community banks between $100 million and $10…