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…
Category: News
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…
The Federal Reserve Bank of Dallas has appointed seven new members to its Community Depository Institutions Advisory Council. State Bank of Texas President Sushil Patel has been selected to a three-year term on this highly-respected banking council. The council, composed of representatives from financial institutions of various sizes in the Eleventh District, is part 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…
Independent Banker magazine sat down with State Bank of Texas president Sushil Patel to talk about standing by its hospitality customers during the pandemic. The full story can be found HERE. Independent Banker is the primary source of community banking news, trends, insights and analysis through an award-winning magazine published monthly by the Independent Community…
State Bank of Texas, America’s leading hospitality lender and one of the nation’s most successful community banks, has announced plans to exhibit at the upcoming 2021 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 motel…
State Bank of Texas (SBT)—a $1-billion asset full-service commercial bank currently headquartered in Dallas, TX—announced today that it has finalized plans to build a new headquarters building in the Las Colinas Urban Center. Construction on the new headquarters should commence by the end of 2021 and is expected to be completed mid-2023. The building project…
