State Bank of Texas ranks as top-performing community bank in the nation

Dallas-based State Bank of Texas has ranked as the top performing community bank in the nation among all community banks between $100 million and $10 billion in assets. 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 billion in assets. The ranking was compiled by BankRegData from year-end FDIC Call Report Data, excluding credit card and home mortgage banks. 

“It is largely due to the grit and determination of the thousands of family-owned businesses we serve. This recognition reflects our commitment to the industry,” says Sushil Patel, president of State Bank of Texas. “This is a true testament to our lending philosophy and the core values of our business. The more people learn about our character-based approach to hospitality lending, the more they want to align with us.” 

State Bank is a lender to independent and franchise limited-service hotels and motels nationwide and known within the industry for closing loans in as little as 10 days. As an Indian-American, family-owned bank, State Bank of Texas specializes in serving Indian-American hotel owner-operators, a population that owns two-thirds of all hotels in the U.S.