Two DFW banks take top ratings in 'Bank Director' magazine ranking

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Two DFW banks take top ratings in 'Bank Director' magazine ranking

DBJ

Korri Kezar
Staff Writer, Dallas Business Journal
 

Two Dallas-area banks topped the 2014 Growth Leaders Ranking released by Bank Director magazine.

Dallas’ NexBank Capital Inc. took first in the ranking’s core deposits category, reporting increases in certificates of deposit, savings account and money market balances. With assets valued at $1.1 billion, it offers commercial, mortgage and investment banking. The company also took third in net loans and leases and seventh in core revenue.

“The bank’s organic deposit and loan growth were a result of our institutionally focused products and service,” said Matt Siekielski, NexBank executive vice president and chief operating officer.

McKinney-based Independent Bank Group Inc. (NASDAQ: IBTX) was third in core revenue. Independent has 29 offices in Dallas-Fort Worth and Austin. The McKinney company’s success was attributed to a “really good management team” by Kevin Tweedle, president of Atlanta-based Bank Intelligence Solutions, owned by Fiserv Inc., which compiled the magazine’s rankings.

“We are always appreciative when a respected publication like Bank Director Magazine recognizes the success our company is having in building a strong regional community bank,” Independent’s chairman and CEO David Brooks said. “Core earnings in particular is a strong measure of the value a company is creating and being ranked highly in the country for success by this measure is particularly gratifying.”

Only two other Texas banks made the ranks. Central Bancorp Inc. and Green Bancorp Inc., both based in Houston, took fourth and eighth respectively in core non-interest income

Click here to read article at Dallas Business Journal website.