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: News
State Bank of Texas® (SBT) opened for business on Black Monday, the day the stock market crashed on October 19, 1987. Overcoming those odds, SBT has become America’s leading hospitality lender and one of the nation’s most successful community banks. In celebration of its 36th anniversary, SBT today unveiled its new corporate logo and a…
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…
State Bank of Texas (SBT) is currently building its new headquarters in Irving, Texas. And today, the successful community bank is also building a brighter future for one Irving ISD student with the donation of a scholarship. SBT Chief Lending Officer Rajan Patel and his wife Reena attended the 36th Annual Breakfast with the Stars…
State Bank of Texas (SBT), America’s leading hospitality lender and one of the nation’s most successful community banks, has announced plans to exhibit at the upcoming 2023 national convention and trade show of the Asian American Hotel Owners Association (AAHOA). With more than 18,500 hoteliers, AAHOA is the largest gathering of Asian American hotel and…
Texas Banking magazine sat down with State Bank of Texas president Sushil Patel as part of their community banker spotlight series. The full story can be found HERE. Texas Banking magazine, the official publication of the Texas Bankers Association, contains the latest news about the Texas banking industry, as well as trends, legislative and regulatory…
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…
The Dallas Business Journal talked with the State Bank of Texas executive team about moving its HQ, transitioning generations and lending to Indian hoteliers. The full story can be found HERE. Founded in 1977, the award-winning Dallas Business Journal is a hub for breaking local business news, research, and events in the DFW area. Striving…
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…